Nathaniel Madarang - Feb 26, 2024 Form 4 Insider Report for GOODYEAR TIRE & RUBBER CO /OH/ (GT)

Role
President, Asia Pacific
Signature
/s/ Daniel T Young, signing as an attorney-in-fact and agent duly authorized to execute this Form 4 on behalf of Nathaniel Madarang pursuant to a Power of Attorney dated 3/4/21, a copy of which has been previously filed with the SEC.
Stock symbol
GT
Transactions as of
Feb 26, 2024
Transactions value $
$0
Form type
4
Date filed
2/28/2024, 04:48 PM
Previous filing
Feb 7, 2024
Next filing
Mar 26, 2024

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction GT 2022 Plan Performance Share Units Award $0 +30.5 K $0.00 30.5 K Feb 26, 2024 Common Stock 30.5 K Direct F1
transaction GT 2022 Plan Restricted Stock Units Award $0 +30.5 K $0.00 30.5 K Feb 26, 2024 Common Stock 30.5 K Direct F2

Explanation of Responses:

Id Content
F1 Performance Share Unit grant under the 2022 Performance Plan, contingently payable (to the extent earned) 100% in shares of common stock in February 2027. The number of Units paid, which can range from 0% to 200% of the Units reported on this Form 4, depends on the attainment of certain performance goals over a 3-year period ending December 31, 2026, and is subject to increase or decrease of up to 20% based on the Company's total shareholder return vs. a peer group over the 3-year period ending December 31, 2026.
F2 Restricted Stock Unit ("RSU") grant under the 2022 Performance Plan. The RSUs will vest and convert into shares of common stock in 33% increments over three years commencing on March 1, 2025.