Filing Details

Accession Number:
0000812074-11-000008
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-03-09 12:00:00
Reporting Period:
2011-03-07
Filing Date:
2011-03-09
Accepted Time:
2011-03-09 16:39:02
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
Board Chair & Ceo 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 2011-03-07 28,458 $0.00 324,697 No 4 A Direct
Common Stock (Direct) Disposition 2011-03-07 9,969 $29.89 314,728 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 (right to buy) Acquisiton 2011-03-07 123,454 $0.00 123,454 $29.89
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
123,454 2018-03-07 No 4 A Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock (Indirect) 50,000 Indirect By GRAT
Footnotes
  1. The shares are subject to restrictions on sale that expire, either (i) as to 25% of the shares on each of the first four anniversaries of the date of grant of such shares, or (ii) in their entirety upon the grantee's death or disability prior to a termination of employment.
  2. All shares were sold by the reporting person to cover the withholding tax on shares of restricted stock on which the restrictions lapsed.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.85 to $29.93, 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 option vests in four equal annual installments beginning on the first anniversary of the date of the grant.