SEC Form 4 · accession 0001127602-15-026631
WERNER ENTERPRISES INC · WERN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregory L Werner
Director
Period of report
Aug 27, 2015
Accepted (ET)
Sep 4, 2015 · 5:27 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000793074
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Aug 27, 2015 | D | 102,000 | $0.00 | D | 3,337,433 | D | |
| Common Stock | holding | — | — | — | 1,875,156 | I | Co-beneficiary-children Trust | |
| Common Stock | holding | — | — | — | 1,875,156 | I | Remainderment Interest | |
| Common StockF2 | holding | — | — | — | 250,000 | I | Cotrustee of Clarence L. Werner Grandchildren's Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Forfeiture of previously granted restricted stock as the result of Gregory L. Werner resigning as CEO, an officer position, effective August 27, 2015, as previously disclosed on Form 8-K filed August 27, 2015. Mr. Werner will continue to serve as a director of the company.
- F2The reporting person serves as a costrustee for shares held by the Clarence L. Werner Grandchildren's Trust for the benefit of the grandchildren of Clarence L. Werner, some of which are children of the reporting person. Mr. Gary L. Werner and Mr. Gregory L. Werner have shared voting and dispositive power with respect to the shares in the trust. The reporting person disclaims actual and beneficial ownership of the shares held by the Clarence L. Werner Grandchildren's Trust, and the filing of this report is not an admission that the reporting person is the actual or beneficial owner of such securities for purposes of Section 16 or for any other purposes.