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WERNER ENTERPRISES INC — Director's Dealing 2017
Feb 10, 2017
31813_dirs_2017-02-10_cba1d754-b516-4b56-b825-f6b6dff78c19.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: 2017-02-08
Reporting Person: LEATHERS DEREK J (President & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-02-08 | Common Stock | A | 24062 | — | Acquired | 237738.57 | Direct |
| 2017-02-10 | Common Stock | F | 2975 | $28.25 | Disposed | 234763.57 | Direct |
| 2017-02-10 | Common Stock | F | 3396 | $28.25 | Disposed | 231367.57 | Direct |
Footnotes
F1: Restricted stock awarded February 8, 2017 under stockholder approved equity plan. This award shall vest, subject to continued employment, in four annual increments of 25% each beginning February 8, 2018 (1 year after the grant date). The award will become fully vested on February 8, 2021.
F2: Represents shares required to satisfy tax withholding obligations in connection with the vesting of 9,000 shares of performance-based restricted stock granted to the Reporting Person on February 10, 2014.
F3: Represents shares required to satisfy tax withholding obligations in connection with the vesting of 10,500 shares of performance-based restricted stock granted to the Reporting Person on February 10, 2015.