SEC Form 4 · accession 0000808450-16-000078
NAVISTAR INTERNATIONAL CORP · NAV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Curt A Kramer
Officer — Corporate Secretary
Period of report
Feb 3, 2016
Accepted (ET)
Feb 5, 2016 · 12:45 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000808450
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 3, 2016 | M | 157 | $0.00 | A | 1,773 | D | |
| Common Stock | Feb 3, 2016 | D | 157 | $6.94 | D | 1,616 | D | |
| Common StockF2 | holding | — | — | — | 164 | I | By Navistar 401(k) Savings Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F3 | — | Feb 3, 2016 | M | 157 | D | — | — | Common Stock | 157 | 157 | D |
Explanation of responses
- F1Each restricted stock unit (RSU) represents the right to receive the cash equivalent of Navistar's common stock converted on a 1 to 1 basis, unless the Corporation elects to settle the RSUs in common stock.
- F2Based on a statement dated February 3, 2016, the reporting person has acquired .0009 shares, not previously reported, as part of a cash reconciliation done between the Company's 401(k) recordkeeping system and the Company's 401(k) trust account.
- F3The RSUs disposed were from an award of 472 RSUs that became or will become payable in cash, unless the Corporation elects to settle the RSUs in common stock, in three annual installments as follows: 158 shares on 2/3/2015; 157 shares on 2/3/2016; and 157 shares on 2/3/2017.