SEC Form 4 · accession 0001209191-16-146847
COSTCO WHOLESALE CORP /NEW · COST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David S Petterson
Other
Period of report
Oct 22, 2016
Accepted (ET)
Oct 25, 2016 · 3:18 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 | Oct 22, 2016 | F | 512 | $148.97 | D | 21,894 | D | |
| Common StockF1 | Oct 22, 2016 | F | 512 | $148.97 | D | 21,382 | D | |
| Common StockF1 | Oct 22, 2016 | F | 404 | $148.97 | D | 20,978 | D | |
| Common StockF1 | Oct 22, 2016 | F | 404 | $148.97 | D | 20,574 | D | |
| Common StockF1 | Oct 22, 2016 | F | 522 | $148.97 | D | 20,052 | D | |
| Common StockF2,F3 | Oct 22, 2016 | A | 9,970 | — | A | 30,022 | D | |
| Common StockF1 | Oct 22, 2016 | F | 1,396 | $148.97 | D | 28,626 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This transaction is a withholding by the Company for taxes in connection with the vesting of previously granted restricted stock units. The price represents the closing market price of Costco common stock on NASDAQ on October 21, 2016.
- F2Grant of Restricted Stock Units. Vests one-fifth on October 22, 2016, and one-fifth annually on October 22 for the following four years. 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.
- F3Not applicable. Grant of Restricted Stock Units.