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WHIRLPOOL CORP /DE/ — Director's Dealing 2015
Feb 25, 2015
31015_dirs_2015-02-24_bc592423-775f-4888-8912-71ae2d2b31d0.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: 2015-02-20
Reporting Person: Liotine Joseph T. (EXEC VICE PRESIDENT & PRES NA)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-02-20 | Common Stock | M | 120 | — | Acquired | 5367 | Direct |
| 2015-02-20 | Common Stock | F | 37 | $213.27 | Disposed | 5330 | Direct |
| 2015-02-20 | Common Stock | A | 156 | — | Acquired | 5486 | Direct |
| 2015-02-20 | Common Stock | F | 49 | $213.27 | Disposed | 5437 | Direct |
| 2015-02-20 | Common Stock | A | 464 | — | Acquired | 5901 | Direct |
| 2015-02-20 | Common Stock | F | 10.9 | $213.27 | Disposed | 5890.1 | Direct |
| 2015-02-20 | Common Stock | D | 453.1 | — | Disposed | 5437 | Direct |
| 2015-02-20 | Common Stock | M | 439 | $71.03 | Acquired | 5876 | Direct |
| 2015-02-20 | Common Stock | M | 530 | $111.33 | Acquired | 6406 | Direct |
| 2015-02-20 | Common Stock | M | 1111 | $138.56 | Acquired | 7517 | Direct |
| 2015-02-20 | Common Stock | S | 2080 | $212.5058 | Disposed | 5437 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-02-20 | Restricted Stock Units | $ | M | 120 | Disposed | Common (120) | Direct | |
| 2015-02-20 | Restricted Stock Units | $ | M | 464 | Disposed | Common (464) | Direct | |
| 2015-02-20 | Deferred Stock | $ | A | 453.1 | Acquired | Common (453.1) | Direct | |
| 2015-02-20 | Employee Stock Option (Right to Buy) | $71.03 | M | 439 | Disposed | 2022-02-20 | Common (439) | Direct |
| 2015-02-20 | Employee Stock Option (Right to Buy) | $111.33 | M | 530 | Disposed | 2023-02-18 | Common (530) | Direct |
| 2015-02-20 | Employee Stock Option (Right to Buy) | $138.56 | M | 1111 | Disposed | 2024-02-17 | Common (1111) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 1410.224 | Indirect |
Footnotes
F1: Vesting of remaining restricted stock unit award made under the Whirlpool Corporation Omnibus Stock and Incentive Plan in a transaction exempt under Rule 16b-3.
F2: Vesting of performance-based restricted stock unit award for the 2012-2014 performance period made under the Whirlpool Corporation Omnibus Stock and Incentive Plan in a transaction exempt under Rule 16b-3.
F3: Vesting of performance-based restricted stock unit award for the 2012-2014 performance period made under the Whirlpool Corporation Omnibus Stock and Incentive Plan in a transaction exempt under Rule 16b-3.
F4: Upon the vesting of restricted stock units granted to the reporting person on February 20, 2012, the reporting person deferred the receipt of 453.10 shares of common stock and received instead 453.10 shares of deferred stock pursuant to Whirlpool's Executive Deferred Savings Plan II. As a result, the reporting person is reporting the disposition of 453.10 shares of common stock in exchange for an equal number of shares of deferred stock. The deferred stock becomes payable following the reporting person's termination of employment with Whirlpool Corporation.
F5: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $212.50 to $212.52, inclusive. The reporting person undertakes to provide to Whirlpool Corporation, any security holder of Whirlpool Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F6: The option became exercisable in three substantially equal installments beginning on February 20, 2013.
F7: The option first became exercisable in three substantially equal installments, beginning on February 18, 2014.
F8: The option first became exercisable in three substantially equal installments, beginning on February 17, 2015.