SEC Form 4 · accession 0000879526-16-000049
WABASH NATIONAL Corp · WNC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Erin Jennifer Roth
Officer — SVP, General Counsel
Period of report
Feb 20, 2016
Accepted (ET)
Feb 23, 2016 · 5:00 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000879526
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 20, 2016 | M | 10,150 | $0.00 | A | 57,577 | D | |
| Common StockF1 | Feb 20, 2016 | F | 4,986 | $11.81 | D | 52,591 | D | |
| Common Stock | Feb 20, 2016 | M | 23,001 | $0.00 | A | 75,592 | D | |
| Common StockF1 | Feb 20, 2016 | F | 10,753 | $11.81 | D | 64,839 | D | |
| Common StockF2 | Feb 17, 2016 | A | 15,181 | $0.00 | A | 80,020 | 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 UnitF3 | — | Feb 20, 2016 | M | 10,150 | D | Feb 20, 2016 | Feb 20, 2016 | Common Stock | 10,150 | 0 | D |
| Performance UnitF4 | — | Feb 20, 2016 | A | 9,471 | A | Feb 20, 2016 | Feb 20, 2016 | Common Stock | 9,471 | 23,001 | D |
| Performance UnitF5 | — | Feb 20, 2016 | M | 23,001 | A | Feb 20, 2016 | Feb 20, 2016 | Common Stock | 23,001 | 0 | D |
Explanation of responses
- F1Automated sale upon vest of stock for purposes of paying taxes due at time of vest
- F2Restricted Stock Unit award vesting February 17, 2019.
- F3Each restricted stock unit converted to one share of WNC common stock as of date of vesting on 2/20/2016.
- F4Performance Units were granted on 2/20/2013, with a performance period ending upon the close of the Company's 2015 fiscal year. Number of units reported reflect those additional shares earned over and above the units reported on the Form 4 filed on 2/25/2013 as a result of the achievement of Company specified performance criteria for the performance period.
- F5Performance Units were granted on 2/20/2013, with a performance period ending upon the close of the Company's 2015 fiscal year. Number of units reported reflect the total number of shares earned as a result of the achievement of Company specified performance criteria for the performance period. Each performance unit converted to one share of WNC common stock as of date of vesting on 2/20/2016.