AI assistant
WABASH NATIONAL Corp — Director's Dealing 2014
Feb 26, 2014
32912_dirs_2014-02-26_64c05469-a800-449a-b3dc-94100e89fc0f.zip
Director's Dealing
Open in viewerOpens in your device viewer
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: Roth Erin Jennifer (General Counsel & Secretary)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-02-23 | Common Stock | M | 10000 | $13.21 | Acquired | 25477 | Direct |
| 2014-02-23 | Common Stock | F | 3376 | $13.21 | Disposed | 22101 | Direct |
| 2014-02-23 | Common Stock | M | 13300 | $13.21 | Acquired | 35401 | Direct |
| 2014-02-23 | Common Stock | F | 4124 | $13.21 | Disposed | 31277 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-02-23 | Restricted Stock Unit | $ | M | 10000 | Disposed | 2014-02-23 | Common Stock (10000) | Direct |
| 2014-02-23 | Performance Unit | $ | M | 13300 | Disposed | 2014-02-23 | Common Stock (13300) | Direct |
| 2014-02-19 | Stock Option (right to buy) | $13.32 | A | 8170 | Acquired | 2024-02-19 | Common Stock (8170) | Direct |
| 2014-02-19 | Restricted Stock | $ | A | 7840 | Acquired | Common Stock (7840) | Direct | |
| 2014-02-19 | Performance Unit | $ | A | 13070 | Acquired | 2016-02-19 | Common Stock (13070) | 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.