Filing Details

Accession Number:
0000812074-10-000015
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-03-10 12:00:00
Reporting Period:
2010-03-07
Filing Date:
2010-03-10
Accepted Time:
2010-03-10 16:37:53
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
812074 Owens Illinois Inc OI Glass Containers (3221) 222781933
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1210733 W James Baehren One Michael Owens Way
Perrysburg OH 43551
Sr. Vp & General Counsel No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock (Direct) Acquisiton 2010-03-07 13,256 $0.00 93,695 No 4 A Direct
Common Stock (Direct) Acquisiton 2010-03-07 2,933 $0.00 96,628 No 4 A Direct
Common Stock (Direct) Disposition 2010-03-08 8,500 $30.95 88,128 No 4 S Direct
Common Stock (Direct) Disposition 2010-03-08 237 $30.96 87,891 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 A Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock (Direct) Stock Option (March 7 2010) Acquisiton 2010-03-07 12,534 $0.00 12,534 $31.03
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
12,534 2017-03-07 No 4 A Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock (Indirect) 16,027 Indirect 401-K Plan
Footnotes
  1. Restricted shares received by the reporting person on March 7, 2010 pursuant to action taken on that date by the Company's Compensation Committee determining the number of shares payable to the reporting person under certain restricted stock units granted for the 2007-2009 grant period. The restricted stock units did not constitute derivative securities on the date of grant thereof.
  2. The shares are subject to restrictions on sale that expire, either (i) as to 25% of the shares on each of the first four anniversaries of the date of grant of such shares, or (ii) in their entirety upon the grantee's death or disability prior to a termination of employment.
  3. All shares were sold by the reporting person to cover the withholding tax on shares of restricted stock on which the restrictions lapsed.
  4. The option vests in four equal annual installments beginning on the first anniversary of the date of the grant.