Sec Form 4 Filing - Duesenberg Mark Hugo @ FERRO CORP - 2017-02-15

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
Duesenberg Mark Hugo
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)
General Counsel
(Last) (First) (Middle)
6060 PARKLAND BOULEVARD
3. Date of Earliest Transaction (MM/DD/YY)
02/15/2017
(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 118,714 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) $ 14.27 02/15/2017 A 21,600 02/15/2018 02/15/2027 Common Stock 21,600 $ 0 21,600 D
Restricted Share Unit $ 0 02/15/2017 A 7,200 02/15/2020( 1 ) 02/15/2020 Common Stock 7,200 $ 0 7,200 D
Performance Share Unit $ 0 02/15/2017 A 18,100 ( 2 ) 12/31/2019 Common Stock 18,100 $ 0 18,100 D
Performance Share Unit $ 0 ( 2 ) 12/31/2016 Common Stock 20,100 20,100 D
Performance Share Unit $ 0 ( 2 ) 12/31/2017 Common Stock 21,700 21,700 D
Performance Share Unit $ 0 ( 2 ) 12/31/2018 Common Stock 27,700 27,700 D
Phantom Shares ( 3 ) ( 3 ) ( 3 ) Common Stock 28,178.1836 28,178.1836 D
Restricted Share Unit $ 0 02/20/2017( 1 ) 02/20/2017 Common Stock 8,100 8,100 D
Restricted Share Unit $ 0 02/17/2019( 1 ) 02/17/2019 Common Stock 11,100 11,100 D
Restricted Share Unit $ 0 02/23/2015( 1 ) 02/23/2015 Common Stock 16,800 16,800 D
Restricted Share Unit $ 0 02/23/2016( 1 ) 02/23/2016 Common Stock 27,300 27,300 D
Restricted Share Unit $ 0 02/18/2018( 1 ) 02/18/2018 Common Stock 8,700 8,700 D
Stock Options (Right to Buy) $ 21.28 09/17/2009 09/17/2018 Common Stock 25,000 25,000 D
Stock Options (Right to Buy) $ 8.25 02/25/2011 02/25/2020 Common Stock 35,000 35,000 D
Stock Options (Right to Buy) $ 1.37 02/25/2010 02/25/2019 Common Stock 35,000 35,000 D
Stock Options (Right to Buy) $ 15.16 02/24/2012 02/24/2021 Common Stock 32,300 32,300 D
Stock Options (Right to Buy) $ 6.84 02/23/2013 02/23/2022 Common Stock 36,100 36,100 D
Stock Options (Right to Buy) $ 5.29 02/21/2014 02/21/2023 Common Stock 57,300 57,300 D
Stock Options (Right to Buy) $ 13.09 02/20/2015 02/20/2024 Common Stock 16,700 16,700 D
Stock Options (Right to Buy) $ 12.33 02/18/2016 02/18/2025 Common Stock 18,800 18,800 D
Stock Options (Right to Buy) $ 9.6 02/17/2017 02/17/2026 Common Stock 32,500 32,500 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Duesenberg Mark Hugo
6060 PARKLAND BOULEVARD
MAYFIELD HEIGHTS, OH44124
General Counsel
Signatures
/s/ John T. Bingle, Treasurer, by Power of Attorney 02/17/2017
Signature of Reporting Person Date
Explanation of Responses:
( 1 )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.
( 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.

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