SEC Form 4 · accession 0001348570-16-000006
WHIRLPOOL CORP /DE/ · WHR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Larry M Venturelli
Officer — EXEC. VICE PRESIDENT AND CFO
Period of report
May 10, 2016
Accepted (ET)
May 12, 2016 · 4:35 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 | 4,496 | $0.00 | D | 0 | D | |
| Common Stock | Feb 24, 2016 | G | 4,496 | $0.00 | A | 8,324 | I | By trust for reporting person |
| Common Stock | May 10, 2016 | M | 6,223 | $111.33 | A | 6,223 | D | |
| Common Stock | May 10, 2016 | M | 5,881 | $138.56 | A | 12,104 | D | |
| Common StockF1 | May 10, 2016 | S | 12,104 | $176.0589 | D | 0 | D | |
| Common StockF2 | May 10, 2016 | S | 8,324 | $176.4335 | D | 0 | I | By trust for reporting person |
| Common Stock | holding | — | — | — | 409 | 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)F3 | $111.33 | May 10, 2016 | M | 6,223 | D | — | Feb 18, 2023 | Common | 6,223 | 0 | D |
| Employee Stock Option (Right to Buy)F4 | $138.56 | May 10, 2016 | M | 5,881 | D | — | Feb 17, 2024 | Common | 5,881 | 5,881 | 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 $175.81 to $176.44, 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.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $176.1925 to $176.61, 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 option became exercisable in three substantially equal installments beginning on February 18, 2014.
- F4The option first became exercisable in three substantially equal installments, beginning on February 17, 2015.