SEC Form 4 · accession 0001209191-15-072265
COSTCO WHOLESALE CORP /NEW · COST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
W Craig Jelinek
Officer — President and CEO · Director
Period of report
Sep 24, 2015
Accepted (ET)
Sep 28, 2015 · 12:19 pm EDT
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,F2 | Sep 24, 2015 | A | 40,000 | — | A | 291,036 | D | |
| Common Stock | Sep 24, 2015 | F | 11,668 | $144.87 | D | 279,368 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Grant was initially made in October 2014 subject to performance conditions concerning fiscal 2015, which have been deemed satisfied by the Compensation Committee of the Board of Directors. The shares of restricted stock subject to performance conditions vest ratably over a four year period from satisfaction based on continued employment with the Company. In addition, under the Stock Incentive Plan, long term employees are eligible for accelerated vesting upon the anniversary of their 25th, 30th and 35th years of service.
- F2Not applicable. Grant of Restricted Stock Units.