SEC Form 4 · accession 0001642689-16-000010
WHIRLPOOL CORP /DE/ · WHR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James W Peters
Officer — EXEC VICE PRESIDENT AND CFO
Period of report
Jul 29, 2016
Accepted (ET)
Aug 2, 2016 · 4:33 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 | Jul 29, 2016 | M | 649 | $111.33 | A | 13,308 | D | |
| Common StockF2 | Jul 29, 2016 | S | 649 | $193.4904 | D | 12,659 | D | |
| Common StockF1 | Jul 29, 2016 | S | 2,280 | $193.3107 | D | 10,379 | D | |
| Common Stock | Jul 29, 2016 | G | 420 | $0.00 | D | 9,959 | D | |
| Common Stock | holding | — | — | — | 2,055 | 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) | $111.33 | Jul 29, 2016 | M | 649 | D | Feb 18, 2014 | Feb 18, 2023 | Common | 649 | 0 | D |
| Restricted Stock UnitsF3 | — | Aug 1, 2016 | A | 10,000 | A | — | — | Common | 10,000 | 10,000 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These sharse were sold in multiple transactions at prices ranging from $193.24 to $193.385, 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 sharse were sold in multiple transactions at prices ranging from $193.47 to $193.4965, 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.
- F3Each restricted 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: 50% on August 1, 2019 and 50% on August 1, 2021.