SEC Form 4 · accession 0001573725-16-000007
WHIRLPOOL CORP /DE/ · WHR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Esther F Berrozpe
Officer — EXECUTIVE VICE PRESIDENT
Period of report
Feb 15, 2016
Accepted (ET)
Feb 17, 2016 · 4:48 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000106640
Table I — non-derivative securities
No Table I lines on this filing.
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 15, 2016 | A | 1,784 | A | — | — | Common | 1,784 | 1,784 | D |
| Restricted Stock UnitsF2 | — | Feb 15, 2016 | A | 20,000 | A | — | — | Common | 20,000 | 20,000 | D |
| Employee Stock Options (Right to Buy)F3 | $132.19 | Feb 15, 2016 | A | 7,594 | A | — | Feb 15, 2026 | Common | 7,594 | 7,594 | D |
Explanation of responses
- F1Restricted stock units will vest and convert one-for-one to shares as follows: one-third on 02/15/2017; one-third on 02/15/2018; and one-third on 02/15/2019.
- F2Restricted stock unit represents the right to receive one share of Whirlpool common stock. Restricted stock units will vest and convert one-for-one to shares as follows: 50% on 02/15/2019; and 50% on 02/15/2021.
- F3Options will vest and become exercisable as follows: one-third on 02/15/2017; one-third on 02/15/2018; and one-third on 02/15/2019.