Darren R. Wells - Dec 13, 2023 Form 4 Insider Report for GOODYEAR TIRE & RUBBER CO /OH/ (GT)

Signature
/s/ Daniel T Young, signing as an attorney-in-fact and agent duly authorized to execute this Form 4 on behalf of Darren R Wells pursuant to a Power of Attorney dated 10/7/2019, a copy of which has been previously filed with the SEC.
Stock symbol
GT
Transactions as of
Dec 13, 2023
Transactions value $
-$311,330
Form type
4
Date filed
12/15/2023, 04:07 PM
Previous filing
Dec 13, 2023
Next filing
Feb 7, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GT Common Stock Options Exercise $838K +82.8K +83.84% $10.12 182K Dec 13, 2023 Direct
transaction GT Common Stock Tax liability -$979K -70.5K -38.85% $13.88 111K Dec 13, 2023 Direct F1
transaction GT Common Stock Sale -$170K -12.3K -11.04% $13.88 98.8K Dec 13, 2023 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction GT 2017 Plan Option Options Exercise $0 -82.8K -23.08% $0.00 276K Dec 13, 2023 Common Stock 82.8K $10.12 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades at prices ranging from $13.83 to $13.93. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F2 Non-Qualified Stock Option in respect of shares of common stock granted under the 2017 Performance Plan.
F3 The option vests and becomes exercisable in 25% increments over four years commencing one year after the date of grant (February 25, 2020).