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WERNER ENTERPRISES INC — Director's Dealing 2011
Aug 1, 2011
31813_dirs_2011-08-01_ddd5df09-9b62-4635-adb1-22369e4338b8.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: WERNER ENTERPRISES INC (WERN)
CIK: 0000793074
Period of Report: 2011-07-29
Reporting Person: LEATHERS DEREK J (President & COO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-07-29 | Common Stock | A | 40000 | — | Acquired | 135953.8648 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Options (Right to Buy) | $16.68 | 2015-10-22 | Common Stock (20000) | 20000 | Direct |
| Stock Options (Right to Buy) | $17.18 | 2017-11-30 | Common Stock (25000) | 25000 | Direct |
| Stock Options (Right to Buy) | $9.7739 | 2011-09-29 | Common Stock (12500) | 12500 | Direct |
| Stock Options (Right to Buy) | $18.33 | 2014-05-20 | Common Stock (35000) | 35000 | Direct |
Footnotes
F1: Restricted stock awarded July 29, 2011 under stockholder approved equity plan. This award shall vest, subject to continued employment, in two increments of 20,000 shares each on July 29, 2012 (12 months after the grant date) and January 29, 2013 (18 months after the grant date). The award will become fully vested on January 29, 2013.
F2: Stock options become exercisable in the following percentages at the specified number of months from grant date: 25% at 24 months; 20% each at 36, 48, and 60 months; and 15% at 72 months.
F3: Stock options become exercisable in the following percentages at the specified number of months from grant date: 15% at 24 months; 20% each at 36, 48, and 60 months; and 25% at 72 months.