Mark Hugo Duesenberg - Feb 28, 2022 Form 4 Insider Report for FERRO CORP (FOE)

Role
General Counsel
Signature
/s/ Richard Shuttie, Treasurer, by Power of Attorney
Stock symbol
FOE
Transactions as of
Feb 28, 2022
Transactions value $
$0
Form type
4
Date filed
3/2/2022, 05:49 PM
Previous filing
Feb 23, 2022
Next filing
Apr 21, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FOE Common Stock Options Exercise +1.61K +1.05% 155K Feb 28, 2022 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 FOE Performance Share Unit Options Exercise -1.61K -100% 0 Feb 28, 2022 Common Stock 1.61K $0.00 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Performance Share Units granted as a performance award, vesting based upon degree of achievement of performance goal. At the end of the performance period, 50% of award is paid in common shares free of restrictions, and 50% is paid in cash. If the final amount is less than 100% of the share units, the balance is forfeited to the company.
F2 Remaining 15,287 Performance Share Units of the original grant were forfeited.