SEC Form 4 · accession 0001642689-17-000002
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
Feb 17, 2017
Accepted (ET)
Feb 22, 2017 · 7:26 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 | 192 | — | A | 10,348 | D | |
| Common Stock | Feb 17, 2017 | F | 60 | $177.19 | D | 10,288 | D | |
| Common Stock | Feb 17, 2017 | M | 1,264 | $138.56 | A | 11,855 | D | |
| Common Stock | Feb 17, 2017 | M | 1,123 | $132.19 | A | 12,675 | D | |
| Common StockF2 | Feb 17, 2017 | S | 2,387 | $177.3282 | D | 10,288 | D | |
| Common StockF3 | Feb 20, 2017 | M | 442 | — | A | 10,730 | D | |
| Common Stock | Feb 20, 2017 | F | 139 | $177.19 | D | 10,591 | D | |
| Common StockF4 | Feb 21, 2017 | S | 600 | $179.6092 | D | 9,991 | D | |
| Common Stock | holding | — | — | — | 2,079 | 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 17, 2017 | M | 192 | D | — | — | Common | 192 | 0 | D |
| Employee Stock Options (Right to Buy) | $138.56 | Feb 17, 2017 | M | 1,264 | D | Feb 17, 2016 | Feb 17, 2024 | Common | 1,264 | 0 | D |
| Employee Stock Options (Right to Buy) | $132.19 | Feb 17, 2017 | M | 1,123 | D | Feb 15, 2017 | Feb 15, 2026 | Common | 1,123 | 2,176 | D |
| Restricted Stock UnitsF3 | — | Feb 17, 2017 | M | 442 | D | — | — | Common | 442 | 0 | D |
| Employee Stock Options (Right to Buy)F5 | $177.19 | Feb 20, 2017 | A | 17,033 | A | — | Feb 20, 2027 | Common | 17,033 | 17,033 | 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.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $177.31 to $177.3502, 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 prices set forth in this footnote.
- F3Vesting 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.
- F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $179.58 to $179.62, 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 prices set forth in this footnote.
- F5Options 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.