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GOODYEAR TIRE & RUBBER CO /OH/ — Director's Dealing 2021
Mar 3, 2021
31625_dirs_2021-03-02_abf6b96e-e3cb-41e7-be21-e4a66074a9bb.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: 2021-02-26
Reporting Person: WELLS DARREN R (Executive VP and CFO)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-02-26 | 2017 Plan Performance Share Units | $ | A | 34503 | Acquired | Common Stock (34503) | Direct | |
| 2021-02-26 | 2017 Plan Restricted Stock Units | $ | A | 51754 | Acquired | Common Stock (51754) | Direct |
Footnotes
F1: Performance Share Unit grant under the 2017 Performance Plan, contingently payable (to the extent earned) 100% in shares of common stock in February 2024. The number of Units paid, which can range from 0% to 200% of the Units reported on this Form 4, depends on the attainment of certain performance targets over a 3-year period ending December 31, 2023, and is subject to further increase or decrease of up to 20% based on the Company's total shareholder return vs. the S&P 500 over the 3-year period ending December 31, 2023.
F2: Restricted Stock Unit ("RSU") grant under the 2017 Performance Plan. The RSUs will vest and convert into shares of common stock three years from the date of grant on February 26, 2024.