SEC Form 4
FORM 4 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
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
MURRY MICHAEL J

(Last) (First) (Middle)
1000 LAKESIDE AVENUE

(Street)
CLEVELAND OH 44114-1147

(City) (State) (Zip)
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)
Vice President, ECGM
3. Date of Earliest Transaction (Month/Day/Year)
02/24/2011
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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 - Restricted Shares 02/24/2011 A 11,500(1) A $0 43,700 D
Common Stock - Restricted Shares 02/28/2011 M 7,200 D (2) 36,500 D
Common Stock 02/28/2011 M 7,200 A (2) 9,706 D
Common Stock 02/28/2011 F 2,479 D $15.71 7,227 D
Common Stock - Restricted(3) 4,750 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 (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 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 (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (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: 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) $15.16 02/24/2011 A 38,000(4) 02/24/2012 02/24/2021 Common Stock 38,000 $0 38,000 D
Phantom Shares (5) (5) (5) Common Stock 7,917.3927 7,917.3927 D
Stock Options (Right to Buy) $21.01 07/11/2006 07/11/2015 Common Stock 44,000 44,000 D
Stock Options (Right to Buy) $20.69 02/16/2007 02/16/2016 Common Stock 22,750 22,750 D
Stock Options (Right to Buy) $21.99 02/06/2008 02/06/2017 Common Stock 29,500 29,500 D
Stock Options (Right to Buy) $17.26 02/28/2009 02/28/2018 Common Stock 25,000 25,000 D
Stock Options (Right to Buy) $8.25 02/25/2011 02/25/2020 Common Stock 60,000 60,000 D
Stock Options (Right to Buy) $1.37 02/25/2010 02/25/2019 Common Stock 30,023 30,023 D
Explanation of Responses:
1. Restricted shares of common stock granted under the Company's Long-Term Incentive Plan. The restricted shares vest on the third anniversary of the date of grant.
2. Vesting of Restricted Stock Award
3. Restricted shares of common stock granted under the Performance Share Plan. Restrictions expire based upon degree of achievement of performance goal. At the end of the performance period, 50% of award is paid in shares free of restrictions, and 50% is paid in cash. If the amount awarded is less than 100% of the restricted shares, the balance is forfeited to the company.
4. Stock Option Grant. The options expire after ten years. Vesting of the options occurs over a three year period, with 33.3 % of the grant vesting at the end of each of the three years.
5. Represent phantom shares awarded under the Company's Supplemental Defined Contribution Plan for Executive Employees.
/s/ John T. Bingle, Treasurer, by Power of Attorney 02/28/2011
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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