SEC Form 4 · accession 0000808450-17-000004
NAVISTAR INTERNATIONAL CORP · NAV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael N Hammes
Director
Period of report
Jan 26, 2017
Accepted (ET)
Jan 30, 2017 · 1:07 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 Stock | Jan 26, 2017 | M | 5,000 | $21.015 | A | 10,261 | D | |
| Common StockF1 | Jan 26, 2017 | S | 5,000 | $29.0431 | D | 5,261 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F2 | $21.015 | Jan 26, 2017 | M | 5,000 | D | — | Dec 11, 2019 | Common Stock | 5,000 | 0 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.86 to $29.38, inclusive. The reporting person undertakes to provide Navistar International Corporation ("Navistar"), any security holder of Navistar, or the staff of the Securities and Exchange Commission upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.
- F2The option became exercisable in three annual installments as follows: 1,666 shares on 12/11/2013; 1,667 shares on 12/11/2014; and 1,667 shares on 12/11/2015.