Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

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
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Thomas Peter T
  2. Issuer Name and Ticker or Trading Symbol
FERRO CORP [FOE]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Chairman, President and CEO
(Last)
(First)
(Middle)
C/O FERRO CORPORATION, 6060 PARKLAND BOULEVARD
3. Date of Earliest Transaction (Month/Day/Year)
02/28/2017
(Street)

MAYFIELD HEIGHTS, OH 44124
4. If Amendment, Date 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
(City)
(State)
(Zip)
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 02/28/2017   M   56,226 A (1) 349,158 D  
Common Stock               1,174.2753 I Investment Savings Plan

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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 Underlying Securities
(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 of Derivative Security: 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
Performance Share Unit $ 0 02/28/2017   M     56,226   (1) 12/31/2016 Common Stock 56,226 (1) 0 (2) D  
Performance Share Unit $ 0               (1) 12/31/2019 Common Stock 103,500   103,500 D  
Performance Share Unit $ 0               (1) 12/31/2017 Common Stock 124,200   124,200 D  
Performance Share Unit $ 0               (1) 12/31/2018 Common Stock 158,200   158,200 D  
Phantom Shares (3)               (3)   (3) Common Stock 107,292.8179   107,292.8179 D  
Restricted Share Unit $ 0             04/24/2016(4) 04/24/2016 Common Stock 17,480   17,480 D  
Restricted Share Unit $ 0             02/20/2017(4) 02/20/2017 Common Stock 46,100   46,100 D  
Restricted Share Unit $ 0             12/29/2017(4) 12/29/2017 Common Stock 100,000   100,000 D  
Restricted Share Unit $ 0             02/17/2019(4) 02/17/2019 Common Stock 63,300   63,300 D  
Restricted Share Unit $ 0             02/15/2020(4) 02/15/2020 Common Stock 41,400   41,400 D  
Restricted Share Unit $ 0             02/23/2016(4) 02/23/2016 Common Stock 32,800   32,800 D  
Restricted Share Unit $ 0             02/18/2018(4) 02/18/2018 Common Stock 49,700   49,700 D  
Stock Options (Right to Buy) $ 17.26             02/28/2009 02/28/2018 Common Stock 25,000   25,000 D  
Stock Options (Right to Buy) $ 8.25             02/25/2011 02/25/2020 Common Stock 45,000   45,000 D  
Stock Options (Right to Buy) $ 7.02             04/24/2014 04/24/2023 Common Stock 98,800   98,800 D  
Stock Options (Right to Buy) $ 1.37             02/25/2010 02/25/2019 Common Stock 20,033   20,033 D  
Stock Options (Right to Buy) $ 15.16             02/24/2012 02/24/2021 Common Stock 38,000   38,000 D  
Stock Options (Right to Buy) $ 6.84             02/23/2013 02/23/2022 Common Stock 45,500   45,500 D  
Stock Options (Right to Buy) $ 5.29             02/21/2014 02/21/2023 Common Stock 68,800   68,800 D  
Stock Options (Right to Buy) $ 13.09             02/20/2015 02/20/2024 Common Stock 95,300   95,300 D  
Stock Options (Right to Buy) $ 12.33             02/18/2016 02/18/2025 Common Stock 107,300   107,300 D  
Stock Options (Right to Buy) $ 9.6             02/17/2017 02/17/2026 Common Stock 185,700   185,700 D  
Stock Options (Right to Buy) $ 14.27             02/15/2018 02/15/2027 Common Stock 123,300   123,300 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Thomas Peter T
C/O FERRO CORPORATION
6060 PARKLAND BOULEVARD
MAYFIELD HEIGHTS, OH 44124
  X     Chairman, President and CEO  

Signatures

 /s/ John T. Bingle, Treasurer, by Power of Attorney   03/02/2017
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) Performance Share Units granted as a performance award, vesting based upon degree of acheivement of performance goal. At the end of the performance period, 50% of award is paid in common shares free of restrictions, and 50% is paid in cash. If the final amount is less than 100% of the share units, the balance is forfeited to the company.
(2) The remaining 58,874 Performance Share Units of the original grant were forfeited.
(3) Represent phantom shares awarded under the Company's Supplemental Defined Contribution Plan for Executive Employees.
(4) The date reflected above as the Date Exercisable is the scheduled vesting date of the Restricted Share Units. Once vested, settlement of the Restricted Share Units and delivery of common shares is subject to an additional two-year holding period.

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