SEC Form 4 · accession 0001650962-19-000028
Welbilt, Inc. · WBT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard James Sheffer
Officer — VP, IR, Risk Mgmt, Treasurer
Period of report
Feb 14, 2019
Accepted (ET)
Feb 19, 2019 · 6:33 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001650962
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 14, 2019 | A | 1,567 | $0.00 | A | 5,967 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (Right to Buy)F2 | $14.99 | Feb 14, 2019 | A | 4,452 | A | Feb 14, 2020 | Feb 14, 2029 | Common Stock | 4,452 | 4,452 | D |
Explanation of responses
- F1Grant of restricted stock units of the Issuer generally vesting on the third anniversary of the date of grant.
- F2Options vest in four equal annual installments of 25% each, beginning on the first anniversary of the date of grant.