John Haudrich - Mar 7, 2024 Form 4 Insider Report for O-I Glass, Inc. /DE/ (OI)

Role
SVP & Chief Financial Officer
Signature
/s/Darrow A. Abrahams, attorney-in-fact
Stock symbol
OI
Transactions as of
Mar 7, 2024
Transactions value $
-$1,514,749
Form type
4
Date filed
3/11/2024, 08:45 PM
Previous filing
Apr 6, 2023
Next filing
Aug 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OI Common Stock (Direct) Award $0 +150K +62.25% $0.00 391K Mar 7, 2024 Direct F1
transaction OI Common Stock (Direct) Award $0 +45K +11.51% $0.00 436K Mar 7, 2024 Direct F2
transaction OI Common Stock (Direct) Tax liability -$1.51M -93.5K -21.43% $16.20 343K Mar 7, 2024 Direct
holding OI Common Stock (Indirect) 11.8K Mar 7, 2024 By 401k
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Certain restricted stock units granted for the 2021-2023 grant period vest in the form of common stock based upon the Issuer's performance against certain strategic objective goals. On March 7, 2024, the Compensation Committee of the Issuer's Board of Directors determined that the strategic objective goals had been met above target, resulting in the vesting of these shares.
F2 The restricted stock units vest in three equal annual installments beginning on the first anniversary of the grant date.