SEC Form 4 · accession 0001127602-15-032916
WERNER ENTERPRISES INC · WERN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Duane K Sather
Director
Period of report
Nov 29, 2015
Accepted (ET)
Dec 1, 2015 · 7:20 pm EST
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 | Nov 29, 2015 | F | 19 | $28.12 | D | 9,925 | D | |
| Common StockF2 | Nov 30, 2015 | A | 1,000 | $0.00 | A | 10,925 | D | |
| Common StockF3 | Dec 1, 2015 | F | 20 | $27.30 | D | 10,905 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares required to satisfy tax withholding obligations in connection with the vesting of 330 shares of restricted stock granted to the Reporting Person on November 29, 2012.
- F2Restricted Stock awarded November 30, 2015 under stockholder approved equity plan. This award shall vest subject to continued Board service, 34% on November 30, 2016 (1 year after the grant date) and two annual increments of 33% each beginning November 30, 2017. The award will become fully vested on November 30, 2018.
- F3Represents shares required to satisfy tax withholding obligations in connection with the vesting of 340 shares of restricted stock granted to the Reporting Person on December 1, 2014.