SEC Form 4 · accession 0000808450-18-000019
NAVISTAR INTERNATIONAL CORP · NAV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Curt A Kramer
Officer — SVP & General Counsel
Period of report
Feb 13, 2018
Accepted (ET)
Feb 15, 2018 · 6:53 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 | Feb 13, 2018 | A | 3,733 | $0.00 | A | 7,786 | D | |
| Common StockF1 | Feb 14, 2018 | M | 607 | $0.00 | A | 8,393 | D | |
| Common Stock | Feb 14, 2018 | D | 607 | $40.35 | D | 7,786 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F2 | $40.18 | Feb 13, 2018 | A | 5,385 | A | — | Feb 13, 2028 | Common Stock | 5,385 | 5,385 | D |
| Restricted Stock UnitsF1,F3 | — | Feb 14, 2018 | M | 607 | D | — | — | Common Stock | 607 | 1,212 | 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 option is exercisable in three annual installments as follows: 1,795 shares on 2/13/2019; 1,795 shares on 2/13/2020; and 1,795 shares on 2/13/2021.
- F3The RSUs disposed were from an award of 1,819 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: 607 shares on 2/14/2018; 606 shares on 2/14/2019; and 606 shares on 2/14/2020.