SEC Form 4 · accession 0001127602-17-025012
WERNER ENTERPRISES INC · WERN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Derek J Leathers
Officer — President & CEO
Period of report
Aug 4, 2017
Accepted (ET)
Aug 4, 2017 · 4:33 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 Stock | Aug 4, 2017 | M | 12,756 | $17.18 | A | 241,536 | D | |
| Common Stock | Aug 4, 2017 | S | 12,756 | $30.00 | D | 228,780 | 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)F1 | $17.18 | Aug 4, 2017 | M | 12,756 | D | — | Nov 30, 2017 | Common Stock | 12,756 | 0 | D |
Explanation of responses
- F1Stock options become exercisable in the following percentages at the specified number of months from grant date: 15% at 24 months; 20% each at 36, 48, and 60 months; and 25% at 72 months.