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WHIRLPOOL CORP /DE/ — Director's Dealing 2005
Dec 16, 2005
31015_dirs_2005-12-16_826fc2a2-64fe-476e-af34-f7c57ea5e3f9.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: TEMPLIN ROY W (Vice President and CFO)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2005-12-15 | Deferred Phantom ESAP Stock in WEDSP II | $ | A | 1.453 | Acquired | Common () | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 1475 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Phantom Restricted Shares (Strategic Excellence Program) | $ | Common (839) | 839 | Direct | |
| Phantom Restricted Shares (Special Retention Program) | $ | Common (20000) | 20000 | Direct | |
| Employee Stock Option (Right to Buy) | $ | Common (10000) | 10000 | Direct | |
| Employee Stock Option (Right to Buy) | $ | Common (2664) | 2664 | Direct |
Footnotes
F1: 680 shares are held in the name of the undersigned's broker.
F2: Grant of 1.453 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, 291.857 total phantom shares deferred, which includes dividend equivalents earned in phantom restricted stock.
F3: 839 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.
F4: Award of 20,000 phantom stock shares (Special Retention Program) on 08/02/04 with the effective date of the award to be 09/01/04 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 09/01/2007 and 50% on 02/01/2011. Participants may elect to defer receipt of vested shares. Dividend equivalents on deferred stock will be invested in additional stock.
F5: 10,000 option shares with cashless exercise and tax withholding rights awarded on 07/01/2003 at the option price of $62.98 per share. 5,000 shares are currently exercisable, with the remaining 5,000 shares becoming exercisable on 07/01/2005. The options will expire 10 years from date of grant.
F6: 2,664 option shares with cashless exercise and tax withholding rights awarded on 02/16/04 at the option price of $72.94 per share. 888 shares are currently exercisable, with the remaining share 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.