BRUNSWICK CORP — Director's Dealing 2014

Dec 1, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BRUNSWICK CORP (BC)
CIK: 0000014930
Period of Report: 2014-11-28

Reporting Person: LOWE ALAN L (VP FINANCE & CONTROLLER)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-11-28	Common Stock	M	33171.0	$5.86	Acquired	79199	Direct
2014-11-28	Common Stock	D	3888.0	$50.0	Disposed	75311	Direct
2014-11-28	Common Stock	M	4400.0	$23.79	Acquired	79711	Direct
2014-11-28	Common Stock	D	2094.0	$50.0	Disposed	77617	Direct
2014-11-28	Common Stock	M	18600.0	$17.06	Acquired	96217	Direct
2014-11-28	Common Stock	D	6347.0	$50.0	Disposed	89870	Direct
2014-11-28	Common Stock	S	43842.0	$50.0	Disposed	46028	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-11-28	Stock Settled Stock Appreciation Right	$5.86	M	33171.0	Disposed	2019-05-12	Common Stock (33171)	Direct
2014-11-28	Stock Settled Stock Appreciation Right	$17.06	M	18600.0	Disposed	2018-02-28	Common Stock (18600)	Direct
2014-11-28	Stock Settled Stock Appreciation Right	$23.79	M	4400.0	Disposed	2022-02-14	Common Stock (4400)	Direct

Footnotes

F1: Employee Stock-Settled Stock Appreciation Right granted under the 2003 Stock Incentive Plan.

F2: One-fourth of the total shares granted may be exercised on each of the first, second, third, and fourth anniversaries following grant date.