SEC Form 4 · accession 0001224295-15-000003
WHIRLPOOL CORP /DE/ · WHR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeff M Fettig
Officer — CHAIRMAN AND CEO · Director
Period of report
Feb 20, 2015
Accepted (ET)
Feb 24, 2015 · 9:27 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 20, 2015 | A | 98,900 | — | A | 98,900 | D | |
| Common Stock | Feb 20, 2015 | F | 45,003 | $213.27 | D | 53,897 | D | |
| Common Stock | Feb 23, 2015 | M | 48,170 | $89.16 | A | 102,067 | D | |
| Common Stock | Feb 24, 2015 | M | 35,030 | $89.16 | A | 137,097 | D | |
| Common StockF2 | Feb 23, 2015 | S | 48,170 | $213.0507 | D | 88,927 | D | |
| Common StockF3 | Feb 24, 2015 | S | 20,163 | $213.4877 | D | 68,764 | D | |
| Common StockF4 | Feb 24, 2015 | S | 14,567 | $214.4377 | D | 54,197 | D | |
| Common Stock | Feb 24, 2015 | S | 300 | $215.04 | D | 53,897 | D | |
| Common Stock | holding | — | — | — | 26,263 | I | By trust for reporting person and spouse | |
| Common Stock | holding | — | — | — | 120,000 | I | By GRAT | |
| Common Stock | holding | — | — | — | 69,748 | I | By trust for immediate family members | |
| Common Stock | holding | — | — | — | 4,380 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F5 | $89.16 | Feb 23, 2015 | M | 48,170 | D | — | Feb 20, 2016 | Common | 48,170 | 35,030 | D |
| Employee Stock Option (Right to Buy)F5 | $89.16 | Feb 24, 2015 | M | 35,030 | D | — | Feb 20, 2016 | Common | 35,030 | 0 | D |
Explanation of responses
- F1Vesting of performance-based restricted stock unit award for the 2012-2014 performance period made under the Whirlpool Corporation Omnibus Stock and Incentive Plan in a transaction exempt under Rule 16b-3.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $213.00 to $213.28, inclusive. The reporting person undertakes to provide to Whirlpool Corporation, any security holder of Whirlpool Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $213.02 to $213.99, inclusive. The reporting person undertakes to provide to Whirlpool Corporation, any security holder of Whirlpool Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $214.02 to $214.93, inclusive. The reporting person undertakes to provide to Whirlpool Corporation, any security holder of Whirlpool Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- F5The option became exercisable in three substantially equal installments beginning on February 20, 2007.