SEC Form 4 · accession 0001127602-18-005005
WERNER ENTERPRISES INC · WERN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Clarence L Werner
Officer — Executive Chairman · Director · 10% Owner
Period of report
Feb 7, 2018
Accepted (ET)
Feb 9, 2018 · 6:11 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 7, 2018 | A | 14,952 | $0.00 | A | 6,069,570 | D | |
| Common Stock | holding | — | — | — | 3,000 | I | By Spouse | |
| Common Stock | holding | — | — | — | 7,500,625 | I | Trustee For Self And Children | |
| Common Stock | holding | — | — | — | 7,500,625 | I | Trustee, Life Interest Only | |
| Common StockF2 | holding | — | — | — | 28 | I | By spouse as UTMA custodian for minor child | |
| Common StockF3 | holding | — | — | — | 28 | I | By spouse as UTMA custodian for minor child | |
| Common StockF4 | holding | — | — | — | 28 | I | By spouse as UTMA custodian for minor child | |
| Common StockF5 | holding | — | — | — | 17 | I | By spouse as UTMA custodian for minor child | |
| Common StockF6 | holding | — | — | — | 8 | I | By spouse as UTMA custodian for minor child | |
| Common StockF7 | holding | — | — | — | 28 | I | By spouse as UTMA custodian for minor child |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Restricted stock awarded February 7, 2018 under stockholder approved equity plan. This award shall vest, subject to continued employment, in four annual increments of 25% each beginning February 7, 2019 (1 year after the grant date). The award will become fully vested on February 7, 2022.
- F2Shares are held of record by the Reporting Person's spouse as custodian for a minor child under the Uniform Transfer to Minors Act. The Reporting Person disclaims beneficial ownership of these shares, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
- F3Shares are held of record by the Reporting Person's spouse as custodian for a minor child under the Uniform Transfer to Minors Act. The Reporting Person disclaims beneficial ownership of these shares, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
- F4Shares are held of record by the Reporting Person's spouse as custodian for a minor child under the Uniform Transfer to Minors Act. The Reporting Person disclaims beneficial ownership of these shares, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
- F5Shares are held of record by the Reporting Person's spouse as custodian for a minor child under the Uniform Transfer to Minors Act. The Reporting Person disclaims beneficial ownership of these shares, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
- F6Shares are held of record by the Reporting Person's spouse as custodian for a minor child under the Uniform Transfer to Minors Act. The Reporting Person disclaims beneficial ownership of these shares, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
- F7Shares are held of record by the Reporting Person's spouse as custodian for a minor child under the Uniform Transfer to Minors Act. The Reporting Person disclaims beneficial ownership of these shares, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.