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*
CONNELL THOMAS A

(Last) (First) (Middle)
THE GOODYEAR TIRE & RUBBER COMPANY
1144 EAST MARKET STREET

(Street)
AKRON OH 44316-0001

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
GOODYEAR TIRE & RUBBER CO /OH/ [ GT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Vice President and Controller
3. Date of Earliest Transaction (Month/Day/Year)
03/15/2007
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 03/15/2007 F(1) 744 D $28.39(1) 3,175 D
Common Stock 03/15/2007 M(2) 3,000 A $7.05(2) 5,388 D
Common Stock 03/15/2007 F(3) 620 D $28.39(3) 4,768 D
Common Stock 03/15/2007 M(4) 2,500 A $7.05(4) 6,662 D
Common Stock 03/15/2007 F(5) 2,038 D $28.39(5) 4,624 D
Common Stock 03/15/2007 M(6) 8,500 A $6.81(6) 11,043 D
Common Stock 03/15/2007 F(7) 1,722 D $28.39(7) 9,321 D
Common Stock 03/15/2007 M(8) 3,900 A $12.54(8) 13,221 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
2002 Plan Option(9) $7.05 03/15/2007 M 3,000 (10) 10/07/2013 Common Stock 3,000 $0.00 3,000 D
2002 Plan Option(11) $28.39 03/15/2007 A 1,531 03/15/2008 10/07/2013 Common Stock 1,531 $0.00 1,531 D
2002 Plan Option(12) $7.05 03/15/2007 M 2,500 (10) 10/07/2013 Common Stock 2,500 $0.00 2,500 D
2002 Plan Option(11) $28.39 03/15/2007 A 1,226 03/15/2008 10/07/2013 Common Stock 1,226 $0.00 1,226 D
2002 Plan Option(13) $6.81 03/15/2007 M 8,500 (10) 12/02/2013 Common Stock 8,500 $0.00 4,250 D
2002 Plan Option(11) $28.39 03/15/2007 A 4,119 03/15/2008 12/02/2013 Common Stock 4,119 $0.00 4,119 D
2002 Plan Option(14) $12.54 03/15/2007 M 3,900 (10) 12/09/2014 Common Stock 3,900 $0.00 3,900 D
2002 Plan Option(15) $28.39 03/15/2007 A 1,722 03/15/2008 12/09/2014 Common Stock 1,722 $0.00 1,722 D
Explanation of Responses:
1. 744 previously owned shares having a market value of $28.39 per share were delivered in payment of the option price of $7.05 per share for 3,000 shares acquired pursuant to the exercise of an option granted under the 2002 Plan.
2. 3,000 shares were acquired pursuant to the exercise of an option granted under the 2002 Plan. The option purchase price was paid in accordance with the 2002 Plan in the form of 744 shares valued in accordance with the 2002 Plan. In addition, 787 shares were withheld to pay Federal withholding taxes as permitted by the 2002 Plan and option grant.
3. 620 previously owned shares having a market value of $28.39 per share were delivered in payment of the option price of $7.05 per share for 2,500 shares acquired pursuant to the exercise of an option granted under the 2002 Plan.
4. 2,500 shares were acquired pursuant to the exercise of an option granted under the 2002 Plan. The option purchase price was paid in accordance with the 2002 Plan in the form of 620 shares valued in accordance with the 2002 Plan. In addition, 606 shares were withheld to pay Federal withholding taxes as permitted by the 2002 Plan and option grant.
5. 2,038 previously owned shares having a market value of $28.39 per share were delivered in payment of the option price of $6.81 per share for 8,500 shares acquired pursuant to the exercise of an option granted under the 2002 Plan.
6. 8,500 shares were acquired pursuant to the exercise of an option granted under the 2002 Plan. The option purchase price was paid in accordance with the 2002 Plan in the form of 2,038 shares valued in accordance with the 2002 Plan. In addition, 2,081 shares were withheld to pay Federal withholding taxes as permitted by the 2002 Plan and option grant.
7. 1,722 previously owned shares having a market value of $28.39 per share were delivered in payment of the option price of $12.54 per share for 3,900 shares acquired pursuant to the exercise of an option granted under the 2002 Plan.
8. Exercise of Incentive Stock Option granted on 12/9/2004 under the 2002 Plan. As a result of the transactions reported herein, the reporting person's ownership of stock increased by 9,302 shares.
9. Exercise of Non-Qualified Stock Option granted on 10/07/2003 under the 2002 Plan.
10. The option vests and becomes exercisable in 25% increments over four years commencing one year after the date of grant.
11. Pursuant to the terms of the plan, a reload option was granted for the number of shares tendered in payment of the option exercise price and withheld to pay Federal withholding taxes.
12. Exercise of Non-Qualified Stock Option granted on 10/7/2003 under the 2002 Plan.
13. Exercise of Non-Qualified Stock Option granted on 12/2/2003 under the 2002 Plan.
14. Exercise of Incentive Stock Option granted on 12/9/2004 under the 2002 Plan.
15. Pursuant to the terms of the plan, a reload option was granted for the number of shares tendered in payment of the option exercise price.
Remarks:
/s/ Bertram Bell, signing as an attorney-in-fact and agent duly authorized to execute this Form 4 on behalf of Thomas A Connell pursuant to a Power of Attorney dated 10/7/03, a copy of which has been previously filed with the SEC. 03/19/2007
** 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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