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WHIRLPOOL CORP /DE/ Director's Dealing 2019

Feb 20, 2019

31015_dirs_2019-02-20_aef95255-0cf4-4c56-96de-db73615920cb.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: 2019-02-15

Reporting Person: Liotine Joseph T. (EXEC VICE PRESIDENT & PRES NA)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2019-02-15 Common Stock M 799 Acquired 16753 Direct
2019-02-15 Common Stock F 208.22 $139.36 Disposed 16544.78 Direct
2019-02-15 Common Stock D 183.78 Disposed 16361 Direct
2019-02-18 Common Stock M 1794 Acquired 18155 Direct
2019-02-18 Common Stock F 523 $139.36 Disposed 17632 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2019-02-15 Restricted Stock Units $ M 799 Disposed Common Stock (799.0) Direct
2019-02-15 Deferred Stock $ A 183.78 Acquired Common Stock (183.78) Direct
2019-02-18 Restricted Stock Units $ M 1794 Disposed Common (1794.0) Direct
2019-02-18 Employee Stock Option (Right to Buy) $139.36 A 24936 Acquired 2029-02-18 Common Stock (24936.0) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 1555.25 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: Upon the vesting of restricted stock units granted to the reporting person on 02/15/2019, the reporting person deferred the receipt of 183.78 shares of deferred stock pursuant to Whirlpool's Executive Deferred Savings Plan II. As a result, the reporting person is reporting the disposition of 183.78 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.

F3: Vesting of performance-based restricted stock unit award for the 2016-2018 performance period made under the Whirlpool Corporation Omnibus Stock and Incentive Plan in a transaction exempt under Rule 16b-3.

F4: Options will vest and become exercisable as follows: one-third on 02/18/2020; one-third on 02/18/2021; and one-third on 02/18/2022.