SEC Form 4 · accession 0001209191-15-021688
COSTCO WHOLESALE CORP /NEW · COST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey H Brotman
Officer — Chairman of the Board · Director
Period of report
Feb 27, 2015
Accepted (ET)
Mar 3, 2015 · 6:18 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000909832
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 27, 2015 | A | 3,094 | $146.96 | A | 88,898 | D | |
| Common StockF2 | holding | — | — | — | 526,703 | I | 1984 Brotman Family Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents additional restricted stock units ("RSUs") resulting from the upward adjustment of outstanding unvested RSUs by a factor of 1.042 in connection with the $5.00 per share special cash dividend payable by the issuer to shareholders of record on February 27, 2015. The adjustment was required under the plan documents governing the grants. The RSUs reported are subject to the same vesting schedules as the original RSUs to which they relate.
- F2Mr. Brotman disclaims beneficial ownership of shares owned by the trust. Mr. Brotman is not a trustee of this trust nor does he have investment control over the trust's assets. Mr. Brotman is one of a number of beneficiaries of the trust.