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Ford to Adjust Conversion Prices on Convertible Debt Securities and Exercise Price and Number of Underlying Shares of Warrants


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Ford Motor Company (NYSE: F) announced that as a result of its fourth-quarter dividend in the amount of $0.05 per share on its common stock, par value $0.01 per share (“Ford common stock”), payable Dec. 3, 2012 to holders of record on Nov. 2, 2012, it will adjust the conversion prices for its two outstanding convertible debt securities, which are convertible into Ford common stock, and the exercise price and number of underlying shares with respect to its outstanding warrants to purchase Ford common stock. The adjustments described below will be made in accordance with the terms of the impacted securities and are intended to offset the dilutive impact of such dividend payments on the holders of the convertible debt securities and warrants.

 

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