SEC Form 4 · accession 0000106640-19-000028
WHIRLPOOL CORP /DE/ · WHR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James W Peters
Officer — EXEC VICE PRESIDENT AND CFO
Period of report
Feb 15, 2019
Accepted (ET)
Feb 20, 2019 · 4:17 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 15, 2019 | M | 255 | $0.00 | A | 13,287 | D | |
| Common Stock | Feb 15, 2019 | F | 71 | $139.36 | D | 13,216 | D | |
| Common Stock | Feb 15, 2019 | D | 58 | $0.00 | D | 13,158 | D | |
| Common Stock | Feb 18, 2019 | M | 573 | $0.00 | A | 13,731 | D | |
| Common Stock | Feb 18, 2019 | F | 162 | $139.36 | D | 13,569 | D | |
| Common Stock | holding | — | — | — | 3,710 | 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 15, 2019 | M | 255 | D | — | — | Common Stock | 255 | 0 | D |
| Deferred StockF3 | — | Feb 15, 2019 | A | 58 | A | — | — | Common Stock | 58 | 526 | D |
| Employee Stock Option (Right to Buy)F4 | $139.36 | Feb 18, 2019 | A | 21,891 | A | — | Feb 18, 2029 | Common Stock | 21,891 | 21,891 | D |
| Restricted Stock UnitsF2 | — | Feb 18, 2019 | M | 573 | D | — | — | Common Stock | 573 | 0 | D |
Explanation of responses
- F1Vesting of restricted stock unit award made under the Whirlpool Corporation Omnibus Stock and Incentive Plan in a transaction exempt under Rule 16b-3.
- F2Vesting of performance-based restricted stock unit award for the 2016-2018 performance period made under the Whirlpool Corporation Omnibus Stock and Incentive Plan in a transaction exempt under Rule16b-3.
- F3Upon the vesting of restricted stock units granted to the reporting person on 02/15/2019, the reporting person deferred the receipt of 58.18 shares of deferred stock pursuant to Whirlpool's Executive Deferred Savings Plan II. As a result, the reporting person is reporting the disposition of 58.18 shares of common stock in exchange for an equal number of shares of deferred stock. The deferred stock is payable following the reporting person's termination of employment with Whirlpool Corporation.
- F4Options 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.