Kramer Curt A 4
4 · NAVISTAR INTERNATIONAL CORP · Filed Feb 15, 2019
Insider Transaction Report
Form 4
Kramer Curt A
Corporate Secretary
Transactions
- Award
Employee Stock Option (right to buy)
2019-02-13+11,035→ 11,035 totalExercise: $35.08Exp: 2029-02-13→ Common Stock (11,035 underlying) - Exercise/Conversion
Common Stock
2019-02-14+606→ 15,411 total - Disposition to Issuer
Common Stock
2019-02-14$35.50/sh−606$21,513→ 14,805 total - Exercise/Conversion
Restricted Stock Units
2019-02-14−606→ 606 total→ Common Stock (606 underlying) - Award
Common Stock
2019-02-13+6,413→ 14,805 total
Holdings
- 163.894(indirect: By 401(k))
Common Stock
Footnotes (3)
- [F1]Each restricted stock unit (RSU) represents the right to receive the cash equivalent of Navistar's common stock converted on a 1 to 1 basis, unless Navistar otherwise elects to settle the RSUs in Navistar common stock on a 1 to 1 basis.
- [F2]The option is exercisable in three annual installments as follows: 3,679 shares on 2/13/2020; 3,678 shares on 2/13/2021; and 3,678 shares on 2/13/2022.
- [F3]The RSUs disposed were from an award of 1,819 RSUs granted on 2/14/2017 that has been paid in cash as to 607 shares on 2/14/2018; as to 606 shares on 2/14/2019; and will become payable in cash, unless the Corporation elects to settle the RSUs in common stock, as to 606 shares on 2/14/2020.