1. Name and Address of Reporting Person
George, D. Thomas
1000 Lakeside Avenue
Cleveland, OH 44114-1147
USA
2. Issuer Name and Ticker or Trading Symbol
Ferro Corp (FOE)
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Statement for Month/Day/Year
02/28/2003
5. If Amendment, Date of Original (Month/Day/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
( ) Director ( ) 10% Owner
( ) Officer (give title below) (X) Other (specify below)
Treasurer
7. 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 |2. Trans- |2A.Execu- |3. Trans-|4. Securities Acquired (A)|5. Amount of |6. Owner- |7. Nature |
| | action | action | action| or Disposed of (D) |Securities | ship | of In- |
| | Date | Date | Code | |Beneficially | Form: | direct |
| | | | | |Owned | Direct | Bene- |
| | (Month/ | (Month/ | | |Following | (D) or | ficial |
| | Day/ | Day/ +-----+---+-----------+---+----------+Reported | Indirect| Owner- |
| | Year) | Year) |Code |V |Amount |A/D|Price |Transaction(s)| (I) | ship |
+------------------------------+----------+----------+-----+---+-----------+---+----------+--------------+-----------+------------+
Common Stock 02/28/2003 J V 1288 A $21.2600 9572 D
Common Stock 02/28/2003 A 1.2752 A $0.0000 884.6477 I ESOP Trust
Common Stock - Restricted 02/28/2003 J V -2000 D $0.0000 D
Common Stock - Restricted 02/28/2003 A 1000 A $21.2600 4500 D
Common Stock - Supp Exec 228.8484 D
Defined
TABLE II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned
+----------+--------+-------+-------+---------+-----------+---------------------+----------------+----------+-------+-------+------+
|1. |2. |3. |3A. |4. |5. |6. |7. |8. |9. |10. |11. |
| | | | | | | | | |Number |Owner- | |
| | | | | | | | | |of |ship | |
| | | | | | | | | |Deriv- |Form of| |
| | | | | | | |Title and Amount| |ative |Deriv- | |
| | | | | | | |of Underlying | |Secur- |ative |Nature|
| |Conver- |Trans- |Execu- | |Number of | |Securities | |ities |Secur- |of |
| |sion or |action |tion | |Derivative |Date Exercisable +-------+--------+ |Benefi-|ity: |In- |
| |Exercise|Date |Date | |Securities |and Expiration Date | |Amount | |cially |Direct |direct|
| |Price of| | |Transac- |Acquired(A)|(Month/Day/Year) | |or | |Owned |(D) or |Bene- |
|Title of |Deriv- |(Month/|(Month/|tion Code|Disposed(D)+----------+----------+ |Number |Price of | |In- |ficial|
|Derivative|ative | Day/ | Day/ +------+--+-----+-----+Date Exer-|Expira- | |of |Derivative| |direct |Owner-|
|Security |Security|Year) |Year) |Code |V |(A) |(D) |cisable |tion Date |Title |Shares |Security | |(I) |ship |
+----------+--------+-------+-------+------+--+-----+-----+----------+----------+-------+--------+----------+-------+-------+------+
Stock $15.75 01/17/2006 Common 5250 D
Options Stock
(Right to
buy)
Stock $16 01/18/2005 Common 3000 D
Options Stock
(Right to
buy)
Stock $18.5 02/11/2010 Common 4000 D
Options Stock
(Right to
buy)
Stock $19.5 01/17/2007 Common 6600 D
Options Stock
(Right to
buy)
Stock $21.0625 02/25/2009 Common 4400 D
Options Stock
(Right to
buy)
Stock $21.26 02/28/2 A V 2000 02/29/2004 02/28/2013 Common 2000 $0.0000 2000 D
Options 003 Stock
(Right to
buy)
Stock $22.6667 01/28/2004 Common 3000 D
Options Stock
(Right to
buy)
Stock $22.9375 01/13/2008 Common 4400 D
Options Stock
(Right to
buy)
Stock $23.6 02/09/2011 Common 4000 D
Options Stock
(Right to
buy)
Stock $25.5 02/11/2012 Common 3000 D
Options Stock
(Right to
buy)
ESOP 2.5988 02/28/2 A 2.868 Common 7.4541 $46.3750 2.8683 I ESOP
Convertible 003 3 Stock Trust
Preferred
ESOP 46.375 Common 1707.01 I ESOP
Convertible Stock 81 Trust
Preferred
Explanation of Responses:
This transaction will be effective on April 1, 2003.
Payout of Performance Share Plan which concluded 12/31/2002.
Performance Share Plan Cancellations.
On February 28, 2003, the Board awarded Performance Shares under the 2003
Long-Term Incentive Compensation Plan that are represented by the issuance of
restricted common stock. The award will be effective on April 1, 2003, subject
to shareholder approval of the plan.
On February 28, 2003, the Board granted Stock Options under the 2003 Long-Term
Incentive Compensation Plan. The award is subject to shareholder approval of
the plan.
SIGNATURE OF REPORTING PERSON
/s/ D. Thomas George
DATE
02/28/2003