UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 or
Section 30(f) of the Investment Company Act of 1940
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5
obligations may continue. See Instruction 1(b).
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1. Name and Address of Reporting Person*
Thornton, John L.
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(Last) (First) (Middle)
c/o Goldman, Sachs & Co.
85 Broad Street
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(Street)
New York, New York 10004
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(City) (State) (Zip)
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2. Issuer Name and Ticker or Trading Symbol
Ford Motor Company
F(Common)
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3. I.R.S. Identification Number of Reporting Person, if an entity (voluntary)
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4. Statement for Month/Year
July/2002
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5. If Amendment, Date of Original (Month/Year)
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6. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
[ X ] Director [ ] 10% Owner
[ ] Officer (give title below) [ ] Other (specify below)
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7. Individual or Joint/Group Filing (Check Applicable Line)
[ X ] Form filed by One Reporting Person
[ ] Form filed by More than One Reporting Person
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Table I -- Non-Derivative Securities Acquired, Disposed of, |
or Beneficially Owned |
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| | | | |6. | |
| | | 4. |5. |Owner- | |
| | | Securities Acquired (A) or |Amount of |ship | |
| | 3. | Disposed of (D) |Securities |Form: |7. |
| | Transaction| (Instr. 3, 4 and 5) |Beneficially |Direct |Nature of |
|2. | Code | ------------------------------ |Owned at End |(D) or |Indirect |
1. |Transaction | (Instr. 8) | | (A) | |of Month |Indirect |Beneficial|
Title of Security |Date | -----------| Amount | or | Price |(Instr. 3 |(I) |Ownership |
(Instr. 3) |(mm/dd/yy) | Code | V | | (D) | |and 4) |(Instr.4)|(Instr. 4)|
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| | | | | | | | | |
Common Stock | | | | | | | 26,403 | D | |
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| | | | | | | | | |
Common Stock | 7/5/02 | S | | 2,000 | D | $15.55 | | I | 01,02 |
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| | | | | | | | | |
Common Stock | 7/10/02 | P | | 2,000 | A | $14.89 | | I | 01,02 |
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| | | | | | | | | |
Common Stock | 7/10/02 | P | | 28,951 | A | $14.52 | | I | 01,02 |
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| | | | | | | | | |
Common Stock | 7/10/02 | S | | 28,951 | D | $14.58 | -0- | I | 01,02 |
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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).
FORM 4 (continued)
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Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned |
(e.g., puts, calls, warrants, options, convertible securities) |
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| | | | | | | |9. |10. | |
| | | | | | | |Number |Owner- | |
| | | | | | | |of |ship | |
|2. | | | | | | |Deriv- |of | |
|Conver-| | | 5. | |7. | |ative |Deriv- |11. |
|sion | | | Number of | |Title and Amount | |Secur- |ative |Nature|
|or | | | Derivative |6. |of Underlying |8. |ities |Secur- |of |
|Exer- | |4. | Securities |Date |Securities |Price |Bene- |ity: |In- |
|cise |3. |Trans- | Acquired (A) |Exercisable and |(Instr. 3 and 4) |of |ficially |Direct |direct|
|Price |Trans- |action | or Disposed |Expiration Date |----------------------- |Deriv- |Owned |(D) or |Bene- |
1. |of |action |Code | of(D) |(Month/Day/Year) | |Amount |ative |at End |In- |ficial|
Title of |Deriv- |Date |(Instr | (Instr. 3, |---------------- | |or |Secur- |of |direct |Owner-|
Derivative |ative |(Month/ |8) | 4 and 5) |Date |Expira- | |Number |ity |Month |(I) |ship |
Security |Secur- |Day/ |------ | ------------ |Exer- |tion | |of |(Instr. |(Instr. |(Instr |(Instr|
(Instr. 3) |ity |Year) |Code |V| (A) | (D) |cisable |Date |Title |Shares |5) |4) |4) |4) |
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6.50% | | | | | | | | | | | | | | |
Cumulative | | | | | | | | | | | | | | |
Convertible | | | | | | | | | | | | | | |
Trust | | | | | | | | | | | | | | |
Preferred | | | | | | | | | | | | | | |
Securities | 03 | 7/9/02 | P | | 99,500| | Immed. | 1/15/32|Common Stock | 03 | $54.53 | | I | 01,02|
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6.50% | | | | | | | | | | | | | | |
Cumulative | | | | | | | | | | | | | | |
Convertible | | | | | | | | | | | | | | |
Trust | | | | | | | | | | | | | | |
Preferred | | | | | | | | | | | | | | |
Securities | 03 | 7/9/02 | S | | | 92,300| Immed. | 1/15/32|Common Stock | 03 | $54.518| | I | 01,02|
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6.50% | | | | | | | | | | | | | | |
Cumulative | | | | | | | | | | | | | | |
Convertible | | | | | | | | | | | | | | |
Trust | | | | | | | | | | | | | | |
Preferred | | | | | | | | | | | | | | |
Securities | 03 | 7/9/02 | S | | | 7,200| Immed. | 1/15/32|Common Stock | 03 | $54.65 | -0- | I | 01,02|
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Ford Stock | | | | | | | | | | | | | | |
Equivalents | 04 | | | | | | 04 | 04 |Common Stock | 2,797 | | 2,797 | D | |
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Ford Stock | | | | | | | | | | | | | | |
Units | 05 | | | | | | 05 | 05 |Common Stock | 23,654 | | 23,654 | D | |
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Explanation of Responses:
01: The Reporting Person is a Director, President and Co-Chief Operating Officer
of The Goldman Sachs Group, Inc. ("GS Group"). Goldman, Sachs & Co. ("Goldman
Sachs") is an indirect wholly-owned subsidiary of GS Group. The Reporting Person
disclaims beneficial ownership of the securities reported herein as indirectly
owned except to the extent of his pecuniary interest therein.
02: The securities reported herein as indirectly purchased and sold were
purchased and sold and were beneficially owned directly by Goldman Sachs.
Without admitting any legal obligation, Goldman Sachs will remit appropriate
profits, if any, to the Company.
03: Each 6.50% Cumulative Convertible Trust Preferred Security ("Preferred
Securities") is convertible, at the option of the holder, into 2.8249 shares of
Ford Motor Company common stock.
04: These Ford Stock Equivalents were acquired under the Company's Restricted
Stock Plan for Non-Employee Directors without payment by the Reporting Person.
In general, approximately 20% of the initial grant of 3,496 Ford Stock
Equivalents will be converted and distributed to the Reporting Person, without
payment, in shares of Common Stock on June 1 of the 5 years commencing 6/1/2002.
05: These Ford Stock Units were acquired under the Company's Deferred
Compensation Plan for Non-Employee Directors. In general, these Ford Stock Units
will be converted and distributed to the Reporting Person, without payment, in
cash, on January 10th of the year following termination of Board service, based
upon the then current market value of a share of Common Stock.
By: s/ Roger S. Begelman August 12, 2002
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**Signature of Reporting Person Date
Attorney-in-fact
** 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 provided is insufficient, see Instruction 6 for procedures.
Alternatively, this Form is permitted to be submitted to the
Commission in electronic format at the option of the reporting person
pursuant to Rule 101(b)(4) of Regulation S-T.