Gary VanderLind - 27 Feb 2023 Form 4 Insider Report for GOODYEAR TIRE & RUBBER CO /OH/ (GT)

Signature
/s/ Daniel T. Young, signing as an attorney-in-fact and agent duly authorized to execute this Form 4 on behalf of Gary VanderLind pursuant to a Power of Attorney dated 10/7/19, a copy of which has been previously filed with the SEC.
Issuer symbol
GT
Transactions as of
27 Feb 2023
Net transactions value
$0
Form type
4
Filing time
01 Mar 2023, 15:49:57 UTC
Previous filing
28 Feb 2023
Next filing
07 Feb 2024

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 GT 2022 Plan Performance Units Award $0 +22,787 $0.000000 22,787 27 Feb 2023 Common Stock 22,787 Direct F1
transaction GT 2022 Plan Restricted Stock Units Award $0 +34,180 $0.000000 34,180 27 Feb 2023 Common Stock 34,180 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Performance Share Unit grant under the 2022 Performance Plan, contingently payable (to the extent earned) 100% in shares of common stock in February 2026. 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 goals over a 3-year period ending December 31, 2025, and is subject to increase or decrease of up to 20% based on the Company's total shareholder return vs. a peer group over the 3-year period ending December 31, 2025.
F2 Restricted Stock Unit ("RSU") grant under the 2022 Performance Plan. The RSUs will vest and convert into shares of common stock three years from the date of grant on February 27, 2026.