Andres Alberto Lopez - Jun 6, 2023 Form 4 Insider Report for O-I Glass, Inc. /DE/ (OI)

Signature
/s/Darrow A. Abrahams, attorney-in-fact
Stock symbol
OI
Transactions as of
Jun 6, 2023
Transactions value $
-$3,018,886
Form type
4
Date filed
6/8/2023, 04:18 PM
Previous filing
May 3, 2023
Next filing
Mar 11, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OI Common Stock (Direct) Sale -$1.3M -59.2K -5.05% $22.02 1.11M Jun 6, 2023 Direct F1, F2
transaction OI Common Stock (Direct) Sale -$1.72M -76.1K -6.84% $22.54 1.04M Jun 7, 2023 Direct F1, F3
holding OI Common Stock (Indirect) 11K Jun 6, 2023 By 401k
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The reported shares sold in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 6, 2023.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.00 to $22.11, inclusive. The reporting person undertakes to provide the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.00 to $22.72, inclusive. The reporting person undertakes to provide the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.