Ashwani Kumar Galhotra - Mar 19, 2023 Form 4 Insider Report for FORD MOTOR CO (F)

Role
President, Ford Blue
Signature
Victoria Pool, Attorney-in-Fact
Stock symbol
F
Transactions as of
Mar 19, 2023
Transactions value $
-$1,220,637
Form type
4
Date filed
3/21/2023, 04:14 PM
Previous filing
Mar 3, 2023
Next filing
Nov 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction F Common Stock, $0.01 par value Options Exercise +72.3K +12.73% 640K Mar 19, 2023 Direct F1
transaction F Common Stock, $0.01 par value Options Exercise +175K +27.41% 816K Mar 19, 2023 Direct F2
transaction F Common Stock, $0.01 par value Tax liability -$1.22M -108K -13.24% $11.30 708K Mar 19, 2023 Direct F3

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 F Ford Stock Units Options Exercise -72.3K -100% 0 Mar 19, 2023 Common Stock, $0.01 par value 72.3K Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported transaction involved the conversion, without payment by me, of Ford Stock Units into shares of Common Stock under the Company's Long-Term Incentive Plan.
F2 These shares were acquired under the Company's Long-Term Incentive Plan without payment by me and are a final award related to a 2020 performance-based restricted stock unit opportunity.
F3 These shares were withheld by the Company to cover my income tax liability relating to the award vesting of Common Stock under the Company's Long-Term Incentive Plan. The amount withheld for taxes was determined using the closing price of Ford stock on March 17, 2023.
F4 The balance shown includes additional units resulting from reinvestment of dividend equivalents.