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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.