SEC Form 4 · accession 0001224295-16-000007
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
Aug 5, 2016
Accepted (ET)
Aug 9, 2016 · 3:52 pm EDT
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 24, 2016 | G | 31,420 | $0.00 | D | 0 | D | |
| Common Stock | Feb 24, 2016 | G | 31,420 | $0.00 | A | 39,056 | I | By trust for reporting person and spouse |
| Common Stock | Mar 16, 2016 | G | 32,000 | $0.00 | D | 7,056 | I | By trust for reporting person and spouse |
| Common Stock | Mar 16, 2016 | G | 32,000 | $0.00 | A | 32,000 | I | by March 16, 2016 GRAT |
| Common Stock | Apr 4, 2016 | G | 69,748 | $0.00 | D | 0 | I | By trust for immediate family members |
| Common Stock | Aug 2, 2016 | G | 75,500 | $0.00 | D | 0 | I | By July 20, 2014 GRAT |
| Common Stock | Aug 2, 2016 | G | 48,750 | $0.00 | A | 55,806 | I | By trust for reporting person and spouse |
| Common Stock | Aug 2, 2016 | G | 4,348 | $0.00 | D | 51,458 | I | By trust for reporting person and spouse |
| Common Stock | Aug 5, 2016 | M | 31,000 | $94.47 | A | 31,000 | D | |
| Common StockF1 | Aug 5, 2016 | S | 7,110 | $188.2182 | D | 23,890 | D | |
| Common StockF2 | Aug 5, 2016 | S | 15,004 | $189.5385 | D | 8,886 | D | |
| Common StockF3 | Aug 5, 2016 | S | 8,886 | $190.1508 | D | 0 | D | |
| Common Stock | Aug 5, 2016 | M | 30,000 | $94.47 | A | 30,000 | D | |
| Common StockF4 | Aug 5, 2016 | S | 30,000 | $189.5408 | D | 0 | D | |
| Common Stock | Aug 8, 2016 | M | 30,000 | $94.47 | A | 30,000 | D | |
| Common stockF5 | Aug 8, 2016 | S | 26,627 | $189.2376 | D | 3,373 | D | |
| Common StockF6 | Aug 8, 2016 | S | 3,373 | $189.9007 | D | 0 | D | |
| Common Stock | holding | — | — | — | 115,000 | I | By September 28, 2015 GRAT | |
| Common Stock | holding | — | — | — | 7,533 | 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)F7 | $94.47 | Aug 5, 2016 | M | 31,000 | D | — | Feb 19, 2017 | Common | 31,000 | 60,000 | D |
| Employee Stock Option (right to buy)F7 | $94.47 | Aug 5, 2016 | M | 30,000 | D | — | Feb 19, 2017 | Common | 30,000 | 30,000 | D |
| Employee Stock Option (right to buy)F7 | $94.47 | Aug 8, 2016 | M | 30,000 | D | — | Feb 19, 2017 | Common | 30,000 | 0 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $188.00 to $188.91, 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 price within the ranges set forth in this footnote.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $189.00 to $189.99, 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 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 $190.00 to $190.46, 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 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 $189.30 to $189.92, 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 price within the ranges set forth in this footnote.
- F5The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $188.71 to $189.70, 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 price within the ranges set forth in this footnote.
- F6The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $189.71 to $190.46, 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 price within the ranges set forth in this footnote.
- F7The option became exercisable in three substantially equal installments beginning on February 19, 2008.