SEC Form 4 · accession 0001348568-18-000002
WHIRLPOOL CORP /DE/ · WHR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Marc R Bitzer
Officer — CHIEF EXECUTIVE OFFICER · Director
Period of report
Feb 19, 2018
Accepted (ET)
Feb 21, 2018 · 6:22 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 19, 2018 | M | 1,736 | — | A | 1,736 | D | |
| Common Stock | Feb 19, 2018 | F | 500 | $172.70 | D | 1,236 | D | |
| Common Stock | holding | — | — | — | 62,822 | I | By trust for reporting person | |
| Common Stock | holding | — | — | — | 632 | I | By trust for immediate family members | |
| Common Stock | holding | — | — | — | 777 | 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 19, 2018 | M | 1,736 | D | — | — | Common | 1,736 | 0 | D |
| Employee Stock Option (Right to Buy)F2 | $172.70 | Feb 19, 2018 | A | 114,110 | A | — | Feb 19, 2028 | Common | 114,110 | 114,110 | D |
Explanation of responses
- F1Vesting of performance-based restricted stock unit award made under the Whirlpool Corporation Omnibus Stock and Incentive Plan in a transaction exempt under Rule 16b-3.
- F2Options will vest and become exercisable as follows: one-third on 02/19/2019; one-third on 02/19/2020; and one-third on 02/19/2021.