SEC Form 4 · accession 0000808450-16-000080
NAVISTAR INTERNATIONAL CORP · NAV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Troy A Clarke
Officer — President & CEO · Director
Period of report
Feb 3, 2016
Accepted (ET)
Feb 5, 2016 · 12:46 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 | 1,831 | $0.00 | A | 55,931 | D | |
| Common Stock | Feb 3, 2016 | D | 1,831 | $6.94 | D | 54,100 | D | |
| Premium Share UnitsF2 | holding | — | — | — | 6,113 | D |
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 | 1,831 | D | — | — | Common Stock | 1,831 | 1,831 | 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.
- F2The premium share units were acquired under Navistar's Executive Stock Ownership Program. Each premium share unit represents one share of Navistar common stock.
- F3The RSUs disposed were from an award of 5,493 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: 1,831 shares on 2/3/2015; 1,831 shares on 2/3/2016; and 1,831 shares on 2/3/2017.