SEC Form 4 · accession 0001545393-17-000002
WHIRLPOOL CORP /DE/ · WHR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joao Carlos Brega
Officer — EXECUTIVE VICE PRESIDENT
Period of report
Feb 17, 2017
Accepted (ET)
Feb 22, 2017 · 7:25 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 17, 2017 | M | 496 | — | A | 20,774 | D | |
| Common StockF2 | Feb 20, 2017 | M | 1,143 | — | A | 21,917 | D | |
| Common StockF2 | Feb 20, 2017 | M | 3,800 | — | A | 25,717 | D | |
| Common StockF3 | holding | — | — | — | 1,062 | D |
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 17, 2017 | M | 496 | D | — | — | Common | 496 | 0 | D |
| Restricted Stock UnitsF2 | — | Feb 20, 2017 | M | 1,143 | D | — | — | Common | 1,143 | 0 | D |
| Restricted Stock UnitsF2 | — | Feb 20, 2017 | M | 3,800 | D | — | — | Common | 3,800 | 0 | D |
| Restricted Stock UnitsF4 | — | Feb 20, 2017 | A | 1,181 | A | — | — | Common | 1,181 | 1,181 | D |
| Restricted Stock UnitsF5 | — | Feb 20, 2017 | A | 15,000 | A | — | — | Common | 15,000 | 15,000 | D |
| Employee Stock Options (Right to Buy)F6 | $177.19 | Feb 20, 2017 | A | 4,755 | A | — | Feb 20, 2027 | Common | 4,755 | 4,755 | D |
Explanation of responses
- F1Vesting of restricted stock unit award made under the Whirlpool Corporation Omnibus Stock and Incentive Plan in a transaction exempt under Rule 16b-3.
- F2Vesting 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.
- F3As of 12/31/2016, the latest date for which information is reasonably available, there are 1,062.148 shares held in the account of the undersigned pursuant to the broker-administered dividend reinvestment plan.
- F4Restricted stock units will vest and convert one-for-one to shares as follows: one-third on 02/20/2018; one-third on 02/20/2019; and one-third on 02/20/2020.
- F5Restricted stock units will vest and convert one-for-one to shares as follows: equally on 02/20/2020 and 02/20/2022.
- F6Options 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.