SEC Form 4 · accession 0000808450-19-000034
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, 2019
Accepted (ET)
Feb 15, 2019 · 6:04 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, 2019 | A | 6,413 | $0.00 | A | 14,805 | D | |
| Common StockF1 | Feb 14, 2019 | M | 606 | $0.00 | A | 15,411 | D | |
| Common Stock | Feb 14, 2019 | D | 606 | $35.50 | D | 14,805 | 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 | $35.08 | Feb 13, 2019 | A | 11,035 | A | — | Feb 13, 2029 | Common Stock | 11,035 | 11,035 | D |
| Restricted Stock UnitsF1,F3 | — | Feb 14, 2019 | M | 606 | D | — | — | Common Stock | 606 | 606 | 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 option is exercisable in three annual installments as follows: 3,679 shares on 2/13/2020; 3,678 shares on 2/13/2021; and 3,678 shares on 2/13/2022.
- F3The RSUs disposed were from an award of 1,819 RSUs granted on 2/14/2017 that has been paid in cash as to 607 shares on 2/14/2018; as to 606 shares on 2/14/2019; and will become payable in cash, unless the Corporation elects to settle the RSUs in common stock, as to 606 shares on 2/14/2020.