SEC Form 4 · accession 0000808450-17-000008
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 1, 2017
Accepted (ET)
Feb 3, 2017 · 5:15 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 1, 2017 | M | 28,887 | $0.00 | A | 222,353 | D | |
| Common Stock | Feb 1, 2017 | D | 28,887 | $27.94 | D | 193,466 | 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 1, 2017 | M | 28,887 | D | — | — | Common Stock | 28,887 | 19,259 | 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 Navistar otherwise elects to settle the RSUs in Navistar common stock on a 1 to 1 basis.
- 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 became or will become payable in cash, unless Navistar elects to settle the RSUs in common stock, in three annual installments as follows: 28,887 shares on 2/1/2017; 14,444 shares on 2/1/2018; and 4,815 on 2/1/2019.