SEC Form 4 · accession 0001348568-17-000005
WHIRLPOOL CORP /DE/ · WHR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Marc R Bitzer
Officer — PRES & CHIEF OPERATING OFFICER · Director
Period of report
Feb 20, 2017
Accepted (ET)
Feb 22, 2017 · 7:23 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, 2017 | M | 7,527 | — | A | 7,527 | D | |
| Common Stock | Feb 20, 2017 | F | 2,662 | $177.19 | D | 4,865 | D | |
| Common StockF2 | Feb 20, 2017 | M | 12,500 | — | A | 17,365 | D | |
| Common Stock | Feb 20, 2017 | F | 5,481 | $177.19 | D | 11,884 | D | |
| Common Stock | holding | — | — | — | 52,822 | I | By trust for reporting person | |
| Common Stock | holding | — | — | — | 332 | I | By trust for immediate family members | |
| Common Stock | holding | — | — | — | 759 | 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 20, 2017 | M | 7,527 | D | — | — | Common | 7,527 | 0 | D |
| Restricted Stock UnitsF2 | — | Feb 20, 2017 | M | 12,500 | D | — | — | Common | 12,500 | 0 | D |
| Employee Stock Options (Right to Buy)F3 | $177.19 | Feb 20, 2017 | A | 47,694 | A | — | Feb 20, 2027 | Common | 47,694 | 47,694 | D |
Explanation of responses
- F1Vesting of performance-based restricted stock unit for the 2014-2016 performance period made under the Whirlpool Corporation Omnibus Stock and Incentive Plan in a transaction exempt under Rule 16b-3.
- F2Vesting of restricted stock unit award made under the Whirlpool Corporation Omnibus Stock and Incentive Plan in a transaction exempt under Rule 16b-3.
- F3Options 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.