Filing Details

Accession Number:
0001225208-16-029570
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-03-09 19:27:12
Reporting Period:
2016-03-07
Filing Date:
2016-03-09
Accepted Time:
2016-03-09 19:27:12
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
812074 Owens Illinois Inc OI Glass Containers (3221) 222781933
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1205438 L P Albert Stroucken One Michael Owens Way
Perrysburg OH 43551
Exec. Chairman Of The Board Yes Yes 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 (Direct) Acquisiton 2016-03-07 56,836 $0.00 186,488 No 4 A Direct
Common Stock (Direct) Disposition 2016-03-07 56,148 $14.94 130,340 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock (Direct) Stock Option 03/07/2016 $15.05 Acquisiton 2016-03-07 175,536 $0.00 175,536 $15.05
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
175,536 2017-03-07 2023-03-07 No 4 A Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock (Indirect) 806,610 Indirect By GRAT
Footnotes
  1. Restricted shares received by the reporting person on March 7, 2016 pursuant to action taken on that date by the Company's Compensation Committee determining the number of shares payable to the reporting person under certain restricted stock units granted for the 2013-2015 grant period. The restricted stock units did not constitute derivative securities on the date of grant thereof.
  2. Represents shares sold to satisfy tax withholding obligations incident to the vesting of restricted stock and performance share units.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.77 to $15.10, inclusive. The reporting person undertakes to provide the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
  4. The options vest in four equal annual installments beginning on the first anniversary of the date of grant.