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WERNER ENTERPRISES INC — Director's Dealing 2016
Feb 12, 2016
31813_dirs_2016-02-12_874257c0-1f92-4141-8495-a959ff52cc0a.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: 2016-02-10
Reporting Person: SCHELBLE JIM S (Exec VP - Marketing)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-02-10 | Common Stock | A | 10500 | — | Acquired | 46765.99 | Direct |
| 2016-02-10 | Common Stock | F | 761 | $26.42 | Disposed | 46004.99 | Direct |
| 2016-02-10 | Common Stock | F | 677 | $26.42 | Disposed | 45327.99 | Direct |
Footnotes
F1: Represents shares earned in connection with the performance-based restricted stock previously granted on February 10, 2015, 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, 2016 (1 year after the grant date). The award will become fully vested on February 10, 2020.
F2: Represents shares required to satisfy tax withholding obligations in connection with the vesting of 2,100 shares of performance-based restricted stock granted to the Reporting Person on February 10, 2015.
F3: 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.