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WABASH NATIONAL Corp — Director's Dealing 2014
Feb 26, 2014
32912_dirs_2014-02-26_6caadb57-aff1-4308-9596-d70dca8990b9.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: WABASH NATIONAL CORP /DE (WNC)
CIK: 0000879526
Period of Report: 2014-02-19
Reporting Person: GIROMINI RICHARD J (President & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-02-23 | Common Stock | M | 38420 | $13.21 | Acquired | 392492 | Direct |
| 2014-02-23 | Common Stock | F | 11909 | $13.21 | Disposed | 380583 | Direct |
| 2014-02-23 | Common Stock | M | 51099 | $13.21 | Acquired | 431682 | Direct |
| 2014-02-23 | Common Stock | F | 16020 | $13.21 | Disposed | 415662 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-02-23 | Restricted Stock Unit | $ | M | 38420 | Acquired | 2014-02-23 | Common Stock (38420) | Direct |
| 2014-02-23 | Performance Unit | $ | M | 51099 | Acquired | 2014-02-23 | Common Stock (51099) | Direct |
| 2014-02-19 | Stock Option (right to buy) | $13.32 | A | 40370 | Acquired | 2024-02-19 | Common Stock (40370) | Direct |
| 2014-02-19 | Restricted Stock | $ | A | 38750 | Acquired | Common Stock (38750) | Direct | |
| 2014-02-19 | Performance Unit | $ | A | 64590 | Acquired | 2016-02-19 | Common Stock (64590) | Direct |
Footnotes
F1: Automated sale upon vest of stock for purposes of paying taxes due at time of vest.
F2: Each restricted stock unit converted to one share of WNC common stock as of date of vesting on 2/23/2014
F3: Performance Units were granted on 2/23/11, with a performance period ending upon the close of the Company's 2011 fiscal year. Number of units reported reflect those earned as a result of the achievement of Company specified performance criteria for fiscal year 2011. Each performance unit converted to one share of WNC common stock as of date of vesting on 2/23/14.
F4: Award vests in three equal installments on February 19, 2015, 2016, and 2017.
F5: Each restricted stock unit represents a contingent right to receive one share of WNC common stock
F6: Award is fully vested on February 19, 2017.
F7: The grantee will be entitled to receive shares of common stock equal to the number of units vested on 2/19/2017.
F8: Performance Units were granted on 2/19/14, subject to achievement of performance period criteria for a three-year period ending upon the close of the Company's 2016 fiscal year. Number of units reported assume the Company meets target performance criteria at the end of 2016; actual units earned will be adjusted based on actual performance against the performance criteria. Any earned units will vest on 2/19/2017, at which time each earned and vested unit will convert to one share of the Company's common stock.