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GOODYEAR TIRE & RUBBER CO /OH/ Director's Dealing 2004

Dec 10, 2004

31625_dirs_2004-12-10_8b39466d-3fbe-474f-84a8-7743021bf14e.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GOODYEAR TIRE & RUBBER CO /OH/ (GT)
CIK: 0000042582
Period of Report: 2004-12-09

Reporting Person: GINGO JOSEPH M (Exec Vice Pres & Chf Tech Ofcr)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2004-12-09 2002 Plan Option $12.54 A 7800 Acquired 2014-12-09 Common Stock (7800) Direct
2004-12-09 2002 Plan Option $12.54 A 17800 Acquired 2014-12-09 Common Stock (17800) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 1362 Direct
Common Stock 870 Indirect
Common Stock 2284 Indirect

Footnotes

F1: Total shares directly beneficially owned, excluding indirectly held shares under the Savings Plan (as previously reported).

F2: Total number of shares of common stock allocated to the account of the reporting person in a Trust established under Goodyear's Employee Savings Plan for Salaried Employees, a 401(k) Plan (the "Savings Plan"), as of the date of this statement as reported by the Plan Trustee.

F3: The shares are held by a nominee of The Northern Trust Company, the Savings Plan Trustee.

F4: Shares owned by spouse of the reporting person; beneficial ownership is disclaimed.

F5: Incentive Stock Option in respect of shares of common stock granted under the 2002 Performance Plan of The Goodyear Tire & Rubber Company. The option permits the optionee to purchase the option shares with previously owned shares (at their market value on the date of exercise) and to satisfy withholding tax obligations by requesting the Issuer to withhold option shares to cover such taxes or with previously owned shares (at market value at exercise). The option includes the right to receive a new option for that number of common shares used to pay the exercise price of the option, or any portion thereof.

F6: The option vests and becomes exercisable in 25% increments over four years commencing one year after the date of grant.

F7: Non-Qualified Stock Option in respect of shares of common stock granted under the 2002 Performance Plan of The Goodyear Tire & Rubber Company. The option permits the optionee to purchase the option shares with previously owned shares (at their market value on the date of exercise) and to satisfy withholding tax obligations by requesting the Issuer to withhold option shares to cover such taxes or with previously owned shares (at market value at exercise). The option includes the right to receive a new option for that number of common shares used to pay the exercise price of the option, or any portion thereof.