SEC Form 4 · accession 0000106640-19-000022
WHIRLPOOL CORP /DE/ · WHR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Marc R Bitzer
Officer — CHAIRMAN AND CEO · Director
Period of report
Feb 18, 2019
Accepted (ET)
Feb 20, 2019 · 4:06 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000106640
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 5, 2019 | G | 440 | $0.00 | D | 63,226 | I | By trust for reporting person |
| Common Stock | Feb 5, 2019 | G | 440 | $0.00 | A | 1,464 | I | By trust for immediate family members |
| Common Stock | Feb 18, 2019 | M | 10,496 | $0.00 | A | 10,496 | D | |
| Common Stock | Feb 18, 2019 | F | 3,507 | $139.36 | D | 6,989 | D | |
| Common Stock | holding | — | — | — | 4,226 | I | 401(k) Stock Fund |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1 | — | Feb 18, 2019 | M | 10,496 | D | — | — | Common Stock | 10,496 | 0 | D |
| Employee Stock Option (Right to Buy)F2 | $139.36 | Feb 18, 2019 | A | 97,202 | A | — | Feb 18, 2029 | Common Stock | 97,202 | 97,202 | D |
Explanation of responses
- F1Vesting of performance-based restricted stock unit for the 2016-2018 performance period made under the Whirlpool Corporation Omnibus Stock and Incentive Plan in a transaction exempt under Rule 16b-3.
- F2Options will vest and become exercisable as follows: one-third on 02/18/2020; one-third on 02/18/2021; and one-third on 02/18/2022.