------------------------------
OMB APPROVAL
------------------------------
OMB Number: 3235-0287
Expires: January 31, 2005
Estimated average burden
hours per response ........0.5
------------------------------
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(h) 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).
================================================================================
1. Name and Address of Reporting Person*
Thornton, John L.
--------------------------------------------------------------------------------
(Last) (First) (Middle)
c/o Goldman, Sachs & Co.
85 Broad Street
--------------------------------------------------------------------------------
(Street)
New York, New York 10004
--------------------------------------------------------------------------------
(City) (State) (Zip)
================================================================================
2. Issuer Name and Ticker or Trading Symbol
Ford Motor Company
(F)
================================================================================
3. I.R.S. Identification Number of Reporting Person, if an entity (voluntary)
================================================================================
4. Statement for Month/Day/Year
March 31, 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 |
====================================================================================================================================
| | | | |5. |6. | |
| | | | 4. |Amount of |Owner- | |
| | | | Securities Acquired (A) or |Securities |ship | |
| |2A. |3. | Disposed of (D) |Beneficially |Form: |7. |
|2. |Deemed |Transaction| (Instr. 3, 4 and 5) |Owned |Direct |Nature of |
|Transaction |Execution |Code | -------------------------------|Following |(D) or |Indirect |
1. |Date |Date, if |(Instr. 8) | | (A) | |Reported |Indirect |Beneficial|
Title of Security |(Month/Day/ |any(Month/|-----------| Amount | or | Price |Transactions |(I) |Ownership |
(Instr. 3) |Year) |Day/Year) | Code | V | | (D) | |(Instr. 3 & 4)|(Instr.4)|(Instr. 4)|
-----------------------------------------------------------------------------------------------------------------------------------|
| | | | | | | | | | |
Common Stock | | | | | | | | 27,207(01) | D | |
===================================================================================================================================
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)
====================================================================================================================================
Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned |
(e.g., puts, calls, warrants, options, convertible securities) |
====================================================================================================================================
| | | | | | | | |9. |10. | |
|2. | | | | | | | |Number |Owner-| |
|Con- | | | | | | | |of |ship | |
|ver- | |3A. | | | | | |Deriv- |of | |
|sion | |De- | |5. | |7. | |ative |Deriv-|11. |
|or | |emed| |Number of | |Title and Amount | |Secur- |ative |Nature|
|Exer-| |Exe-| |Derivative |6. |of Underlying |8. |ities |Secur-|of |
|cise | |cu- |4. |Securities |Date |Securities |Price |Bene- |ity: |In- |
|Price|3. |tion|Trans- |Acquired (A)|Exercisable and |(Instr. 3 and 4) |of |ficially |Direct|direct|
|of |Trans- |Date|action |or Disposed |Expiration Date |-----------------------|Deriv- |Owned |(D) or|Bene- |
1. |Der- |action |if |Code |of (D) |(Month/Day/Year) | |Amount |ative |Following|In- |ficial|
Title of |iva- |Date |any,|(Instr |(Instr. 3, |-----------------| |or |Secur- |Reported |direct|Owner-|
Derivative |tive |(Month/ |(MM/|8) |4 and 5) |Date |Expira- | |Number |ity |Trans- |(I) |ship |
Security |Secu-|Day/ |DD/ |------ |------------|Exer- |tion | |of |(Instr. |action(s)|(Instr|(Instr|
(Instr. 3) |rity |Year) |YY) |Code |V| (A) | (D) |cisable |Date |Title |Shares |5) |(Instr.4)|4) |4) |
-----------------------------------------------------------------------------------------------------------------------------------|
Ford Stock | | | | A | | | | | | | | | | | |
Units | 02 | 3/31/03| | (02)| | 3,479| | 02 | 02 |Common Stock | 3,479 | 02 | 37,124 | D | |
-----------------------------------------------------------------------------------------------------------------------------------|
Ford Stock | | | | | | | | | | | | | | | |
Equivalents | 03 | | | | | | | 03 | 03 |Common Stock | 2,797 | | 2,797 | D | |
====================================================================================================================================
Explanation of Responses:
01: Includes shares acquired under a dividend reinvestment program.
02: These Ford Stock Units were credited to the Reporting Person's account by
the Company at the crediting price of $7.40 per Stock Unit 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.
03: 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.
By: s/ Roger S. Begelman April 2, 2003
--------------------------------------------- -----------------------
**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.