SEC Form 4 · accession 0000808450-18-000007
NAVISTAR INTERNATIONAL CORP · NAV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Walter G Borst
Officer — EVP & Chief Financial Officer
Period of report
Feb 1, 2018
Accepted (ET)
Feb 5, 2018 · 5:35 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, 2018 | M | 9,642 | $0.00 | A | 131,611 | D | |
| Common Stock | Feb 1, 2018 | D | 9,642 | $46.55 | D | 121,969 | D | |
| Premium Share UnitsF2 | holding | — | — | — | 10,366 | 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, 2018 | M | 9,642 | D | — | — | Common Stock | 9,642 | 3,215 | 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 number of RSUs reported is from a grant of 32,142 units granted on 2/1/2016, that has been paid in cash as to 19,285 units on 2/1/2017, and as to 9,642 units on 2/1/2018, and will become payable in cash, unless Navistar elects to settle the RSUs in common stock as to 3,215 units on 2/1/2019.