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WHIRLPOOL CORP /DE/ Director's Dealing 2017

Feb 23, 2017

31015_dirs_2017-02-22_6faff93f-4426-49ba-80d9-f32750b9221a.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: 2017-02-17

Reporting Person: Lovechio Joseph A (VICE PRESIDENT AND CONTROLLER)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2017-02-17 Common Stock M 13 Acquired 2074 Direct
2017-02-17 Common Stock F 3 $177.19 Disposed 2071 Direct
2017-02-17 Common Stock M 22 Acquired 2093 Direct
2017-02-17 Common Stock F 6 $177.19 Disposed 2087 Direct
2017-02-17 Common Stock M 40 Acquired 2127 Direct
2017-02-17 Common Stock D 40 Disposed 2087 Direct
2017-02-20 Common Stock M 31 Acquired 2118 Direct
2017-02-20 Common Stock F 9 $177.19 Disposed 2109 Direct
2017-02-20 Common Stock M 52 Acquired 2161 Direct
2017-02-20 Common Stock F 15 $177.19 Disposed 2146 Direct
2017-02-20 Common Stock M 94 Acquired 2240 Direct
2017-02-20 Common Stock D 94 Disposed 2146 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2017-02-17 Restricted Stock Units $ M 13 Disposed Common (13) Direct
2017-02-17 Restricted Stock Units $ M 22 Disposed Common (22) Direct
2017-02-17 Restricted Stock Units $ M 40 Disposed Common (40) Direct
2017-02-17 Deferred Stock Units $ A 40 Acquired Common (40) Direct
2017-02-20 Restricted Stock Units $ M 31 Disposed Common (31) Direct
2017-02-20 Restricted Stock Units $ M 52 Disposed Common (52) Direct
2017-02-20 Restricted Stock Units $ M 94 Disposed Common (94) Direct
2017-02-20 Deferred Stock Units $ A 94 Acquired Common (94) Direct
2017-02-20 Restricted Stock Units $ A 341 Acquired Common (341) Direct
2017-02-20 Employee Stock Options (Right to Buy) $177.19 A 1375 Acquired 2027-02-20 Common (1375) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 384.902 Indirect

Footnotes

F1: Vesting of 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 restricted stock unit award made under the Whirlpool Corporation Omnibus Stock and Incentive Plan in a transaction exempt under Rule 16b-3.

F3: Upon the vesting of restricted stock units granted to the reporting person on 02/17/2017, the reporting person deferred the receipt of 40 shares of deferred stock pursuant to Whirlpool's Executive Deferred Savings Plan II. As a result, the reporting person is reporting the disposition of 40 shares of common stock in exchange for an equal number of shares of deferred stock. The deferred stock is payable following the reporting person's termination of employment with Whirlpool Corporation.

F4: Vesting of performance-based restricted stock unit for the 2014-2016 performance period made under the Whirlpool Corporation Omnibus Stock and Incentive Plan in a transaction exempt under Rule 16b-3.

F5: Upon the vesting of performance-based restricted stock units for the 2014-2016 performance period, the reporting person deferred the receipt of 94 shares of deferred stock pursuant to Whirlpool's Executive Deferred Savings Plan II. As a result, the reporting person is reporting the disposition of 94 shares of common stock in exchange for an equal number of shares of deferred stock. The deferred stock is payable following the reporting person's termination of employment with Whirlpool Corporation.

F6: Restricted stock units will vest and convert one-for-one to shares as follows: one-third on 02/20/2018; one-third on 02/20/2019; and one-third on 02/20/2020.

F7: Options will vest and become exercisable as follows: one-third on 02/20/2018; one-third on 02/20/2019; and one-third on 02/20/2020.