SEC Form 4 · accession 0001200836-15-000027
WASHINGTON FEDERAL INC · WAFD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Roy M Whitehead
Officer — Chairman, President & CEO · Director
Period of report
Oct 26, 2015
Accepted (ET)
Oct 27, 2015 · 9:07 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000936528
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Oct 26, 2015 | M | 20,000 | $22.91 | A | 357,914 | D | |
| Common StockF2 | Oct 26, 2015 | S | 20,000 | $24.9159 | D | 337,194 | D | |
| Common Stock | Oct 27, 2015 | A | 70,000 | $24.81 | A | 407,194 | D | |
| Common Stock | holding | — | — | — | 17,738 | I | By 401(k) |
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) | $22.91 | Oct 26, 2015 | M | 20,000 | A | Feb 13, 2006 | Feb 13, 2016 | Common Stock | 20,000 | 0 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $24.91 to $24.96. The price reported above reflects the weighted-average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.
- F2Restricted and Performance-based stock grants vest beginning October 31, 2016 as follows: 28,000 shares ratably over three years and 42,000 shares ratably over three years based on certain performance criteria related to total shareholder return.