SEC Form 4 · accession 0000808450-16-000082
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 10, 2016
Accepted (ET)
Feb 12, 2016 · 6:19 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 11, 2016 | M | 603 | $0.00 | A | 2,219 | D | |
| Common Stock | Feb 11, 2016 | D | 603 | $6.80 | D | 1,616 | D | |
| Common Stock | 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,F2 | — | Feb 10, 2016 | A | 1,786 | A | — | — | Common Stock | 1,786 | 1,786 | D |
| Restricted Stock UnitsF1,F3 | — | Feb 11, 2016 | M | 603 | D | — | — | Common Stock | 603 | 1,204 | 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 RSUs will become payable in cash, unless the Corporation elects to settle the RSUs in common stock, in three annual installments as follows: 596 shares on 2/10/2017; 595 shares on 2/10/2018; and 595 shares on 2/10/2019.
- F3The RSUs disposed were from an award of 1,807 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: 603 shares on 2/11/2016; 602 shares on 2/11/2017; and 602 shares on 2/11/2018.