Sec Form 4 Filing - MURRY MICHAEL J @ FERRO CORP - 2012-02-23

Insider filing report for Changes in Beneficial Ownership
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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
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1. Name and Address of Reporting Person
MURRY MICHAEL J
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)
Vice President, ECGM
(Last) (First) (Middle)
6060 PARKLAND BOULEVARD
3. Date of Earliest Transaction (MM/DD/YY)
02/23/2012
(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 02/25/2012 F 4,136 D $ 6.9 17,695 ( 1 ) D
Common Stock - Restricted Shares 24,000 ( 1 ) 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) $ 6.84 02/23/2012 A 45,500 02/23/2013 02/23/2022 Common Stock 45,500 $ 0 45,500 D
Restricted Share Unit $ 0 02/23/2012 A 21,200 02/23/2015 02/23/2015 Common Stock 21,200 $ 0 21,200 D
Performance Share Unit $ 0 02/23/2012 A 53,100 ( 2 ) 12/31/2014 Common Stock 53,100 $ 0 53,100 D
Phantom Shares ( 3 ) ( 3 ) ( 3 ) Common Stock 22,327.9316 22,327.9316 D
Stock Options (Right to Buy) $ 21.01 07/11/2006 07/11/2015 Common Stock 44,000 44,000 D
Stock Options (Right to Buy) $ 20.69 02/16/2007 02/16/2016 Common Stock 22,750 22,750 D
Stock Options (Right to Buy) $ 21.99 02/06/2008 02/06/2017 Common Stock 29,500 29,500 D
Stock Options (Right to Buy) $ 17.26 02/28/2009 02/28/2018 Common Stock 25,000 25,000 D
Stock Options (Right to Buy) $ 8.25 02/25/2011 02/25/2020 Common Stock 45,000 45,000 D
Stock Options (Right to Buy) $ 1.37 02/25/2010 02/25/2019 Common Stock 20,023 20,023 D
Stock Options (Right to Buy) $ 15.16 02/24/2012 02/24/2021 Common Stock 38,000 38,000 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
MURRY MICHAEL J
6060 PARKLAND BOULEVARD
MAYFIELD HEIGHTS, OH44124
Vice President, ECGM
Signatures
/s/ John T. Bingle, Treasurer, by Power of Attorney 02/27/2012
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Balance includes vesting of restricted shares net of forfeiture for tax liability.
( 2 )Performance Share Units granted as a performance award, vesting based upon degree of acheivement 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.

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).

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