SEC Form 4 · accession 0001191102-17-000002
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 17, 2017
Accepted (ET)
Feb 22, 2017 · 7:05 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 17, 2017 | M | 851 | — | A | 1,935 | D | |
| Common Stock | Feb 17, 2017 | F | 248 | $177.19 | D | 1,687 | D | |
| Common StockF2 | Feb 20, 2017 | M | 1,960 | — | A | 3,647 | D | |
| Common Stock | Feb 20, 2017 | F | 619 | $177.19 | D | 3,028 | D | |
| Common Stock | holding | — | — | — | 22,317 | 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 17, 2017 | M | 851 | D | — | — | Common Stock | 851 | 0 | D |
| Restricted stock unitsF2 | — | Feb 20, 2017 | M | 1,960 | D | — | — | Common Stock | 1,960 | 0 | D |
| Restricted Stock UnitsF3 | — | Feb 20, 2017 | A | 2,186 | A | — | — | Common Stock | 2,186 | 2,186 | D |
| Employee Stock Options (Right to Buy)F4 | $177.19 | Feb 20, 2017 | A | 8,800 | A | — | Feb 20, 2027 | Common Stock | 8,800 | 8,800 | 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 2014-2016 performance period made under the Whirlpool Corporation Omnibus Stock and Incentive Plan in a transaction exempt under Rule 16b-3.
- F3Restricted stock units will vest and convert one-for-one to shares as follows: one-third on 02/20/2018; one-third on 02/20/2019; and one-third on 02/20/2020.
- F4Options will vest and become exercisable as follows: one-third on 02/20/2018; one-third on 02/20/2019; and one-third on 02/20/2020.