SEC Form 4 · accession 0001127602-17-005070
WERNER ENTERPRISES INC · WERN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jim S Schelble
Officer — Exec VP & Chief Admin Officer
Period of report
Feb 8, 2017
Accepted (ET)
Feb 10, 2017 · 6:41 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 | Feb 8, 2017 | A | 4,627 | $0.00 | A | 49,233 | D | |
| Common StockF2 | Feb 10, 2017 | F | 677 | $28.25 | D | 48,556 | D | |
| Common StockF3 | Feb 10, 2017 | F | 750 | $28.25 | D | 47,806 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Restricted stock awarded February 8, 2017 under stockholder approved equity plan. This award shall vest, subject to continued employment, in four annual increments of 25% each beginning February 8, 2018 (1 year after the grant date). The award will become fully vested on February 8, 2021.
- F2Represents shares required to satisfy tax withholding obligations in connection with the vesting of 1,800 shares of performance-based restricted stock granted to the Reporting Person on February 10, 2014.
- F3Represents shares required to satisfy tax withholding obligations in connection with the vesting of 2,100 shares of performance-based restricted stock granted to the Reporting Person on February 10, 2015.