SEC Form 4 · accession 0001191102-16-000006
WHIRLPOOL CORP /DE/ · WHR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David T Szczupak
Officer — EXECUTIVE VICE PRESIDENT
Period of report
Feb 14, 2016
Accepted (ET)
Feb 17, 2016 · 5:01 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 StockF1 | Feb 14, 2016 | M | 7,500 | — | A | 7,500 | D | |
| Common Stock | Feb 14, 2016 | F | 2,383 | $132.19 | D | 5,117 | D | |
| Common Stock | holding | — | — | — | 30,781 | I | By trust for reporting person |
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 14, 2016 | M | 7,500 | D | — | — | Common | 7,500 | 0 | D |
| Restricted Stock UnitsF2 | — | Feb 15, 2016 | A | 2,836 | A | — | — | Common | 2,836 | 2,836 | D |
| Employee Stock Option (Right to Buy)F3 | $132.19 | Feb 15, 2016 | A | 12,072 | A | — | Feb 15, 2026 | Common | 12,072 | 12,072 | 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.
- F2Restricted stock units will vest and convert one-for-one to shares as follows: one-third on 02/15/2017; one-third on 02/15/2018; and one-third on 02/15/2019.
- F3Options will vest and become exercisable as follows: one-third on 02/15/2017; one-third on 02/15/2018; and one-third on 02/15/2019.