SEC Form 4 · accession 0001650962-19-000047
Welbilt, Inc. · WBT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard N. Caron
Officer — EVP Chief Innovation Officer
Period of report
Feb 21, 2019
Accepted (ET)
Feb 22, 2019 · 4:49 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 StockF2 | Feb 21, 2019 | S | 5,672 | $16.0647 | A | 35,525 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares sold to cover tax withholding obligations in connection with the vesting of performance share units, which sale is mandated at the Issuer's election and does not represent a discretionary trade by the Reporting Person.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.0000 to $16.2000. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, additional information regarding the number of shares sold at each separate price within the range set forth in this footnote.