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WERNER ENTERPRISES INC — Director's Dealing 2015
Feb 12, 2015
31813_dirs_2015-02-12_b858a038-5b02-4847-a6e1-21275fce8a54.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: 2015-02-10
Reporting Person: NORDLUND H MARTY (Sr. Exec VP-Specialized Svcs.)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-02-10 | Common Stock | A | 9000 | — | Acquired | 31273.206 | Direct |
| 2015-02-10 | Common Stock | F | 677 | $29.37 | Disposed | 30596.206 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Options (Right to Buy) | $17.18 | 2017-11-30 | Common Stock (25000) | 25000 | Direct |
Footnotes
F1: Represents shares earned in connection with the performance-based restricted stock previously granted on February 10, 2014, based upon the level of attainment of certain performance objectives. These shares shall vest, subject to continued employment, in five annual increments of 20% each beginning February 10, 2015 (1 year after the grant date). The award will become fully vested on February 10, 2019.
F2: Represents shares required to satisfy tax withholding obligations in connection with the vesting of 1,800 shares of performance-based restricted stock granted to the Reporting Person on February 10, 2014.
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.