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WHIRLPOOL CORP /DE/ — Director's Dealing 2005
Dec 16, 2005
31015_dirs_2005-12-16_a015bc48-653b-47e1-af94-510a080f852d.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: WHIRLPOOL CORP /DE/ (WHR)
CIK: 0000106640
Period of Report: 2005-12-15
Reporting Person: THIENEMAN MICHAEL D (EXECUTIVE VICE PRESIDENT)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2005-12-15 | Common Stock | A | 17.563 | — | Acquired | 3605.677 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2005-12-15 | Deferred Phantom ESAP Stock in WEDSP | $ | A | 70.955 | Acquired | Common () | Direct | |
| 2005-12-15 | Deferred Phantom ESAP Stock in WEDSP II | $ | A | 2.779 | Acquired | Common () | Direct | |
| 2005-12-15 | Phantom Restricted (Career) Stock | $ | A | 131.36 | Acquired | Common () | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 6824 | Direct |
| Common Stock | 630.8248 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Phantom Restricted Shares (Strategic Excellence Program) | $ | Common (2884) | 2884 | Direct | |
| Phantom Restricted Stock (Special Retention Program) | $ | Common (20000) | 20000 | Direct | |
| Employee Stock Option (Right to Buy) | $ | Common (15000) | 15000 | Direct | |
| Employee Stock Option (Right to Buy) | $ | Common (23000) | 23000 | Direct | |
| Employee Stock Option (Right to Buy) | $ | Common (23000) | 23000 | Direct | |
| Employee Stock Option (Right to Buy) | $ | Common (8324) | 8324 | Direct |
Footnotes
F1: The securities herein were acquired on 12/15/05 pursuant to the Plan indicated in Column 7 at $85.95039 per share in transactions exempt from Section 16(b) pursuant to Rule 16(b)-3(c).
F2: As of 12/15/05, there are 3,605.677 shares held in the account of the undersigned pursuant to the Plan indicated in Column 7.
F3: As of 09/15/05, the latest date for which information is reasonably available, there are 630.8248 shares held in the account of the undersigned pursuant to the Whirlpool Corporation Automatic Dividend Reinvestment Plan.
F4: The execution and filing of this report shall not be construed as an admission that the undersigned is for the pupose of Section 16 of the Securities Exchange Act of 1934 the beneficial owner of 38.26545 shares held in joint tenancy by the undersigned and Mrs. Thieneman.
F5: 2,884 phantom stock shares (Strategic Excellence Program) awarded on 02/14/05 under the 2002 Whirlpool Corporation Omnibus Stock and Incentive Plan in transactions exempt under Rule 16(b)-3(c). Time restrictions will lapse and shares will become vested as follows: 50% on 02/14/06; and 50% on 02/14/07.
F6: Grant of 70.955 phantom shares of common stock ("dividend equivalents") based on phantom shares deferred under the Executive Deferred Savings Plan in transactions exempt under Rule 16b-3. As of 12/15/05, 14,235.687 total phantom shares deferred, which includes dividend equivalents earned in phantom restricted stock.
F7: Grant of 2.779 phantom shares of common stock ("dividend equivalents") based on phantom shares deferred under the Executive Deferred Savings Plan II in transactions exempt under Rule 16b-3. As of 12/15/05, 558.29 total phantom shares deferred, which includes dividend equivalents earned in phantom restricted stock.
F8: Award of 20,000 phantom stock shares (Special Retention Program) on 06/14/2004 with the effective date of the award to be 07/01/2004 under the Whirlpool Corporation 2002 Omnibus Stock and Incentive Plan in transactions exempt under Rule 16(b)-3(c). Shares will become vested as follows: 50% on 07/01/2007 and 50% on 07/01/2011. Participants may elect to defer receipt of vested shares. Dividend equivalents on deferred stock will be invested in additional stock.
F9: Grant of 131.36 phantom shares of common stock ("dividend equivalents") baesd on original grant of 20,000 phantom stock shares (Career Stock Award) awarded under the Whirlpool 1989 Omnibus Stock & Incentive Plan in transactions exempt under Rule 16b-3(c). 8,000 phantom shares are currently vested, with the remaining shares becoming vested as follows: 12,000 shares on retirement after age 60. As of 12/15/05, 25,833.39 total phantom shares deferred, which includes dividend equivalents earned in phantom restricted stock.
F10: 15,000 option shares with cashless exercise and tax withholding rights awarded on 6/15/98 at the option price of $63.13 per share. All shares are currently exercisable and will expire 10 years from date of grant.
F11: 23,000 option shares with cashless exercise and tax withholding rights awarded on 2/18/02 at the option price of $67.29 per share. All shares are currently exercisable and will expire 10 years from date of grant.
F12: 23,000 option shares with cashless exercise and tax withholding rights awarded on 2/17/03 at the option price of $49.60 per share. All shares are currently exercisable and will expire 10 years from date of grant.
F13: 8,324 option shares with cashless exercise and tax withholding rights awarded on 02/16/04 at the option price of $72.94 per share. 2,775 shares are currently exercisable, with the remaining shares to become exercisable as follows: one-third on 02/16/06; and one-third on 02/16/07. The options will expire 10 years from date of grant.