Sec Form 4 Filing - Schlater Benjamin @ FERRO CORP - 2017-12-12

Insider filing report for Changes in Beneficial Ownership
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
What is insider trading>>
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: November 30, 2011
Estimated average burden hours per response... 0.5
1. Name and Address of Reporting Person
Schlater Benjamin
2. Issuer Name and Ticker or Trading Symbol
FERRO CORP [ FOE]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Chief Financial Officer
(Last) (First) (Middle)
6060 PARKLAND BLVD, SUITE 250
3. Date of Earliest Transaction (MM/DD/YY)
12/12/2017
(Street)
MAYFIELD HEIGHTS, OH44124
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 12/12/2017 M 6,495 A $ 11.97 6,495 D
Common Stock 12/12/2017 M 4,634 A $ 9.6 11,129 D
Common Stock 12/12/2017 M 1,534 A $ 13.35 12,663 D
Common Stock 12/12/2017 S 12,663 D $ 23.5044 ( 1 ) 0 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Options (Right to Buy) $ 13.35 12/12/2017 M 1,534 09/01/2017 09/01/2026 Common Stock 1,534 $ 0 3,066 D
Stock Options (Right to Buy) $ 11.97 12/12/2017 M 6,495 09/01/2016 09/01/2025 Common Stock 6,495 $ 0 3,247 D
Stock Options (Right to Buy) $ 9.6 12/12/2017 M 4,634 02/17/2017 02/17/2026 Common Stock 4,634 $ 0 9,266 D
Performance Share Unit $ 0 ( 2 ) 12/31/2017 Common Stock 9,190 9,190 D
Performance Share Unit $ 0 ( 2 ) 12/31/2018 Common Stock 3,800 3,800 D
Performance Share Unit $ 0 ( 2 ) 12/31/2019 Common Stock 17,300 17,300 D
Phantom Shares ( 3 ) ( 3 ) ( 3 ) Common Stock 1,433.9065 1,433.9065 D
Restricted Share Unit $ 0 09/01/2018 09/01/2018 Common Stock 12,030 12,030 D
Restricted Share Unit $ 0 02/17/2019 02/17/2019 Common Stock 4,700 4,700 D
Restricted Share Unit $ 0 09/01/2019( 4 ) 09/01/2019 Common Stock 1,500 1,500 D
Restricted Share Unit $ 0 02/15/2020( 4 ) 02/15/2020 Common Stock 6,900 6,900 D
Stock Options (Right to Buy) $ 14.27 02/15/2018 02/15/2027 Common Stock 20,600 20,600 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Schlater Benjamin
6060 PARKLAND BLVD
SUITE 250
MAYFIELD HEIGHTS, OH44124
Chief Financial Officer
Signatures
/s/ Mark Duesenberg,Vice President, General Counsel & Secretary, by Power of Attorney 12/14/2017
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $23.5-$23.505. 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 )Performance Share Units granted as a performance award, vesting based upon degree of achievement of performance goal. At the end of the performance period, 50% of award is paid in common shares free of restrictions, and 50% is paid in cash. If the final amount is less than 100% of the share units, the balance is forfeited to the company.
( 3 )Represent phantom shares awarded under the Company's Supplemental Defined Contribution Plan for Executive Employees.
( 4 )The date reflected above as the Date Exercisable is the scheduled vesting date of the Restricted Share Units. Once vested, settlement of the Restricted Share Units and delivery of common shares is subject to an additional two-year holding period.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.