AI assistant
WHIRLPOOL CORP /DE/ — Director's Dealing 2007
Jul 26, 2007
31015_dirs_2007-07-26_9dceb479-18c3-4015-993b-42402a33803d.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: WHIRLPOOL CORP /DE/ (WHR)
CIK: 0000106640
Period of Report: 2007-07-24
Reporting Person: THIENEMAN MICHAEL D (EXECUTIVE VICE PRESIDENT)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2007-07-24 | Common Stock | S | 4000 | $110.61 | Disposed | 6541 | Direct |
| 2007-07-24 | Common Stock | S | 1965 | $110.51 | Disposed | 4576 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 785.1775 | Direct |
| Common Stock | 653.93 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Phantom Restricted Stock (Special Retention Program) | $ | Common (10000) | 10000 | Direct | |
| Phantom Restricted Shares (Strategic Excellence Program) | $ | Common () | 2204.13 | Direct | |
| Deferred Phantom ESAP Stock in WEDSP | $ | Common () | 14651.065 | Direct | |
| Deferred Phantom ESAP Stock in WEDSP II | $ | Common () | 574.58 | Direct | |
| Phantom Restricted (Career) Stock | $ | Common () | 26591.41 | Direct | |
| Phantom Restricted Shares (Maytag Recognition Awards) | $ | Common (5000) | 5000 | Direct | |
| Phantom Restricted Shares (Strategic Excellence Program) | $ | Common (4466) | 4466 | Direct | |
| Employee Stock Option (Right to Buy) | $ | Common (8324) | 8324 | Direct | |
| Employee Stock Option (Right to Buy) | $ | Common (7700) | 7700 | Direct | |
| Employee Stock Option (Right to Buy) | $ | Common (7100) | 7100 | Direct |
Footnotes
F1: Open market sale of shares.
F2: As of 06/15/2007, the latest date for which information is reasonably available, there are 785.177525 shares held in the account of the undersigned pursuant to the Whirlpool Corporation Automatic Dividend Reinvestment Plan.
F3: 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 39.519156 shares held in joint tenancy by the undersigned and Mrs. Thieneman.
F4: As of 06/15/2007, the latest date for which information is reasonably available, there are 653.93 shares held in the acocunt of the undersigned pursuant to the Plan indicated in Column 7.
F5: 10,000 phantom stock shares (Special Retention Program) awarded under the Whirlpool Corporation 1998 Omnibus Stock and Incentive Plan in transactions exempt under Rule 16(b)-3(c). Participants may elect to defer receipt of vested shares. Dividend equivalents on deferred stock will be invested in additional stock. Restrictions lapse on the remaining 50% of this award on 07/01/2011.
F6: 2,163 phantom shares deferred under the 2004 SEP award in a transaction exempt under Rule 16b-3. These shares were reported in Table II as derivative securities in prior filings. As of 06/15/2007, the latest date for which information is reasonably available, 2,204.13 total phantom shares deferred, which includes dividend equivalents earned in phantom restricted stock.
F7: 12,544.42 phantom shares deferred under the Executive Deferred Savings Plan in transactions exempt under Rule 16b-3. As of 06/15/2007, the latest date for which information is reasonably available, 14,651.065 total phantom shares deferred, which includes dividend equivalents earned in phantom restricted stock.
F8: 549 phantom shares deferred under the Executive Deferred Savings Plan II in transactions exempt under Rule 16b-3. As of 06/15/2007, the latest date for which information is reasonably available, 574.58 total phantom shares deferred, which includes dividend equivalents earned in phantom restricted stock.
F9: 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 06/15/2007, the latest date for which information is reasonably available, 26,591.41 total phantom shares deferred, which includes dividend equivalents earned in phantom restricted stock.
F10: Award of 5,000 phantom stock shares (Maytag Recognition Awards) on 08/13/2006 under the Whirlpool Corporation 2002 Omnibus Stock and Incentive Plan in transactions exempt under Rule 16(b)-3(c). Restrictions will lapse on the award on 08/13/2009. Dividend equivalents will be paid annually in cash.
F11: 4,466 phantom stock shares (Strategic Excellence Program) awarded on 02/19/2007 under the SEP 2006 grant of contingent shares made pursuant to the 2002 Whirlpool Corporation Omnibus Stock and Incentive Plan in transaction exempt under Rule 16(b)-3(c). Time restrictions will lapse and shares will become vested on 02/19/2009.
F12: 8,324 option shares with cashless exercise and tax withholding rights awarded on 02/16/2004 at the option price of $72.94 per share. All shares are currently exercisable and will expire 10 years from date of grant.
F13: 7,700 option shares with cashless exercise and tax withholding rights awarded on 02/20/2006 at the option price of $89.16 per share. 2,567 shares are currently exercisable with the remaining shares to become exercisable as follows: one-third on 02/20/2008; and one-third on 02/20/2008. The options will expire 10 years from the date of grant.
F14: 7,100 option shares awarded on 02/19/2007 at the option price of $94.47 per share with cashless exercise and tax withholding rights. Shares will become exercisable as follows: one-third on 02/19/2008; one-third on 02/19/2009; and one-third on 02/19/2010. The options will expire 10 years from the date of grant.