SEC Form 4 · accession 0000014930-18-000098
BRUNSWICK CORP · BC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark D Schwabero
Officer — CHAIRMAN AND CEO
Period of report
Jun 4, 2018
Accepted (ET)
Jun 6, 2018 · 4:27 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000014930
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jun 4, 2018 | M | 30,000 | $5.86 | A | 307,614 | D | |
| Common Stock | Jun 4, 2018 | F | 12,120 | $66.52 | D | 295,494 | D | |
| Common Stock | Jun 4, 2018 | D | 2,643 | $66.52 | D | 292,851 | D | |
| Common StockF1 | Jun 5, 2018 | S | 15,237 | $67.4509 | D | 277,614 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Settled Stock Appreciation RightF2,F3 | $5.86 | Jun 4, 2018 | M | 30,000 | D | — | May 12, 2019 | Common Stock | 30,000 | 0 | D |
Explanation of responses
- F1The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $66.50 to $67.99 inclusive.
- F2Employee Stock-Settled Stock Appreciation Right granted under the Brunswick Corporation 2003 Stock Incentive Plan.
- F3Currently all shares are exercisable.
Remarks
These transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 15, 2017, and amended March 7, 2018. The trading plan applies to SSARs expiring May 2019.