Filing Details

Accession Number:
0001127602-14-020466
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-06-10 17:01:53
Reporting Period:
2014-06-06
Filing Date:
2014-06-10
Accepted Time:
2014-06-10 17:01:53
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
35214 Ferro Corp FOE Paints, Varnishes, Lacquers, Enamels & Allied Prods (2851) 340217820
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1174279 N Jeffry Quinn 6060 Parkland Blvd.
Mayfield Heights OH 44124
Yes No 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 Disposition 2014-06-06 175,000 $13.49 525,000 No 4 S Indirect By Quinpario Partners LLC
Common Stock Disposition 2014-06-09 57,393 $13.06 467,607 No 4 S Indirect By Quinpario Partners LLC
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect By Quinpario Partners LLC
No 4 S Indirect By Quinpario Partners LLC
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 8,800 Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Deferred Stock Units $0.00 7,600 7,600 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
7,600 7,600 Direct
Footnotes
  1. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $13.355-$13.63. The reporting person, hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
  2. Shares of Common Stock directly owned by Quinpario Partners LLC ("Quinpario"). Mr. Quinn, as the Chairman and Chief Executive Officer of Quinpario, may be deemed to beneficially own the shares of Common Stock directly owned by Quinpario.
  3. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $12.855-$13.30. The reporting person, hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
  4. Each DSU is the economic equivalent of one share of Ferro common stock.
  5. Award granted to Non-Employee Directors. The Deferred Stock Units vest immediately at the time of the Award; however, the Deferred Stock Units will be held for the account of the Recipient and will not be converted into shares of Ferro Common Stock until the Recipient ceases to serve as a Director of the Company (the "Holding Period"). Upon cessation of Recipient's service as a Director, one share of Ferro Common Stock will be delivered for each Deferred Stock Unit held. During the Holding Period, the Recipient will not be entitled to exercise any voting rights with respect to the shares of Ferro Common Stock that correspond to the Deferred Stock Units, but the Recipient will be entitled to receive a cash payment equivalent to any cash distributions or dividends paid on Ferro Common Stock with respect to the Deferred Stock Units during the Holding Period.