SEC Form 4 · accession 0000808450-17-000017
NAVISTAR INTERNATIONAL CORP · NAV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven K Covey
Officer — SVP & General Counsel
Period of report
Feb 3, 2017
Accepted (ET)
Feb 7, 2017 · 5:27 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, 2017 | M | 845 | $0.00 | A | 67,458 | D | |
| Common Stock | Feb 3, 2017 | D | 845 | $27.77 | D | 66,613 | D | |
| Common Stock | holding | — | — | — | 2,419 | I | By Navistar 401(k) Plan | |
| Premium Share UnitsF2 | holding | — | — | — | 3,601 | 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, 2017 | M | 845 | D | — | — | Common Stock | 845 | 0 | 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.
- 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 2,534 RSUs that became payable in cash in three annual installments as follows: 845 shares on 2/3/2015; 844 shares on 2/3/2016; and 845 shares on 2/3/2017.