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WHIRLPOOL CORP /DE/ — Director's Dealing 2017
Feb 23, 2017
31015_dirs_2017-02-22_2cb6853f-d862-4aca-9065-2e3a6ffc8c35.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: Berrozpe Esther F (EXECUTIVE VICE PRESIDENT)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-02-17 | Common Stock | M | 438 | — | Acquired | 9950 | Direct |
| 2017-02-17 | Common Stock | F | 199 | $177.19 | Disposed | 9751 | Direct |
| 2017-02-17 | Common Stock | M | 5000 | — | Acquired | 14751 | Direct |
| 2017-02-17 | Common Stock | F | 2281 | $177.19 | Disposed | 12470 | Direct |
| 2017-02-17 | Common Stock | M | 764 | $111.33 | Acquired | 13234 | Direct |
| 2017-02-17 | Common Stock | M | 2888 | $138.56 | Acquired | 16122 | Direct |
| 2017-02-17 | Common Stock | M | 2582 | $132.19 | Acquired | 18704 | Direct |
| 2017-02-17 | Common Stock | S | 6234 | $176.843 | Disposed | 12470 | Direct |
| 2017-02-20 | Common Stock | M | 5000 | — | Acquired | 17470 | Direct |
| 2017-02-20 | Common Stock | F | 2281 | $177.19 | Disposed | 15189 | Direct |
| 2017-02-20 | Common Stock | M | 1010 | — | Acquired | 16199 | Direct |
| 2017-02-20 | Common Stock | F | 460 | $177.19 | Disposed | 15739 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-02-17 | Restricted Stock Units | $ | M | 438 | Disposed | Common (438) | Direct | |
| 2017-02-17 | Restricted Stock Units | $ | M | 5000 | Disposed | Common (5000) | Direct | |
| 2017-02-17 | Employee Stock Options (Right to Buy) | $111.33 | M | 764 | Disposed | 2023-02-18 | Common (764) | Direct |
| 2017-02-17 | Employee Stock Options (Right to Buy) | $138.56 | M | 2888 | Disposed | 2024-02-17 | Common (2888) | Direct |
| 2017-02-17 | Employee Stock Options (Right to Buy) | $132.19 | M | 2582 | Disposed | 2026-02-15 | Common (2582) | Direct |
| 2017-02-20 | Restricted Stock Units | $ | M | 5000 | Disposed | Common (5000) | Direct | |
| 2017-02-20 | Restricted Stock Units | $ | M | 1010 | Disposed | Common (1010) | Direct | |
| 2017-02-20 | Restricted Stock Units | $ | A | 1321 | Acquired | Common (1321) | Direct | |
| 2017-02-20 | Employee Stock Options (Right to Buy) | $177.19 | A | 5316 | Acquired | 2027-02-20 | Common (5316) | Direct |
Footnotes
F1: Vesting of restricted stock unit awards made under the Whirlpool Corporation Omnibus Stock and Incentive Plan in a transaction exempt under Rule 16b-3.
F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $176.65 to $176.94, 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 prices set forth in this footnote.
F3: Vesting of performance-based restricted stock unit award made under the Whirlpool Corporation Omnibus Stock and Incentive Plan in a transaction exempt under Rule 16b-3.
F4: 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.
F5: 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.
F6: Remaining options will vest and become exercisable in two equal installments on 02/15/2018 and 02/15/2019.