Maverick Merger Sub 2, LLC — Director's Dealing 2008

Sep 13, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WASHINGTON MUTUAL, INC (WM)
CIK: 0000933136
Period of Report: 2008-09-10

Reporting Person: ROTELLA STEPHEN J (President and COO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-09-10	Stock Option (Right to Buy)	$2.32	A	1500000	Acquired	2015-09-10	Common Stock (1500000)	Direct

Footnotes

F1: Option granted pursuant to the Washington Mutual, Inc. Amended and Restated 2003 Equity Incentive Plan. The stock option grant vests in four equal 25% increments as follows: (i) 25% vests on the first anniversary date of the grant, (ii) 25% vests if the average NYSE-reported closing price of the Company's common stock over 20 consecutive trading days equals or exceeds $10.00 per share, (iii) 25% vests if the average NYSE-reported closing price of the Company's common stock over 20 consecutive trading days equals or exceeds $14.00 per share, and (iv) 25% vests if the average NYSE-reported closing price of the Company's common stock over 20 consecutive trading days equals or exceeds $18.00 per share.