1. Name and Address of Reporting Person
Sullivan, Dennis W.
Parker Hannifin Corporation
6035 Parkland Blvd.
Cleveland, OH 441244141
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)
(X) Director ( ) 10% Owner
( ) Officer (give title below) ( ) Other (specify below)
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 2625 D
Common Stock 02/28/2003 J 469.506 A $21.2990 15105.326 I Director
Deferred Comp
Plan
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 04/26/2006 Common 3750 D
Options Stock
(Right to
buy)
Stock $20.0833 04/25/2007 Common 3750 D
Options Stock
(Right to
buy)
Stock $20.7 04/27/2011 Common 2500 D
Options Stock
(Right to
buy)
Stock $21.26 02/28/2 A V 7000 02/29/2004 02/28/2013 Common 7000 $0.0000 7000 D
Options 003 Stock
(Right to
buy)
Stock $22.875 04/28/2010 Common 2500 D
Options Stock
(Right to
buy)
Stock $25.5 02/11/2012 Common 2500 D
Options Stock
(Right to
buy)
Stock $27.6875 04/23/2009 Common 2500 D
Options Stock
(Right to
buy)
Stock $28.4375 04/24/2008 Common 2500 D
Options Stock
(Right to
buy)
Explanation of Responses:
Quarterly deferment of Director Fees to the Ferro Corporation Deferred
Compensation Plan for Non-Employee Directors, which in turn, makes voluntary
contributions to the Ferro Dividend Reinvestment Plan for the purchase of Ferro
Common Stock. Deferral elections are irrevocable and distributions occur only
upon death or cessation of the directorship.
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/ Dennis W. Sullivan
DATE
02/28/2003