1. Name and Address of Reporting Person
Kramer, Dale G.
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
(X) Officer (give title below) ( ) Other (specify below)
Vice President
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 A 202.7263 A $0.0000 1941.2314 I Investment
Savings Plan
Common Stock - Restricted 02/28/2003 J V -3000 D $0.0000 D
Common Stock - Restricted 02/28/2003 A 8500 A $21.2600 21000 D
Common Stock - Deferred Bonus 02/28/2003 A 203.2545 A $0.0000 203.2545 D
Plan
Common Stock - Supp Exec 552.0223 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 $18.5 02/11/2010 Common 5500 D
Options Stock
(Right to
buy)
Stock $21.26 02/28/2 A V 50295 02/29/2004 02/28/2013 Common 50295 $0.0000 D
Options 003 Stock
(Right to
buy)
Stock $21.26 02/28/2 A V 4705 02/29/2004 02/28/2013 Common 4705 $0.0000 55000 D
Options 003 Stock
(Right to
buy)
Stock $23.6 02/09/2011 Common 15000 D
Options Stock
(Right to
buy)
Stock $25.5 02/11/2012 Common 45000 D
Options Stock
(Right to
buy)
Explanation of Responses:
This transaction will be effective on April 1, 2003.
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/ Dale G. Kramer
DATE
02/28/2003