4//SEC Filing
WERNER ENTERPRISES INC 4
Accession 0001127602-15-005728
$WERNCIK 0000793074operating
Filed
Feb 11, 7:00 PM ET
Accepted
Feb 12, 4:23 PM ET
Size
11.4 KB
Accession
0001127602-15-005728
Insider Transaction Report
Form 4
WERNER GARY L
DirectorVice Chairman
Transactions
- Award
Common Stock
2015-02-10+45,000→ 1,720,879 total - Tax Payment
Common Stock
2015-02-10$29.37/sh−2,993$87,904→ 1,717,886 total
Holdings
- 1,875,156(indirect: By Trust)
Common Stock
- 479,497(indirect: Gary L. Werner Irrevocable Inter Vivos Qtip Tr. II)
Common Stock
- 1,875,156(indirect: Remainderment Interest)
Common Stock
- 500,000(indirect: By Trust)
Common Stock
- 250,000(indirect: By Trust)
Common Stock
Footnotes (5)
- [F1]Represents shares earned in connection with the performance-based restricted stock previously granted on February 10, 2014, based upon the level of attainment of certain performance objectives. These shares shall vest, subject to continued employment, in five annual increments of 20% each beginning February 10, 2015 (1 year after the grant date). The award will become fully vested on February 10, 2019.
- [F2]Represents shares required to satisfy tax withholding obligations in connection with the vesting of 9,000 shares of performance-based restricted stock granted to the Reporting Person on February 10, 2014.
- [F3]The reporting person disclaims actual and beneficial ownership of the shares held by the Gary L. Werner Irrevocable Inter Vivos Qtip Trust II, and the filing of this report is not an admission that the reporting person is the actual or beneficial owner of such securities for purposes of Section 16 or for any other purposes.
- [F4]The reporting person disclaims actual and beneficial ownership of the shares held by the Becky K. Werner Revocable Trust, and the filing of this report is not an admission that the reporting person is the actual or beneficial owner of such securities for purposes of Section 16 or for any other purposes.
- [F5]The reporting person serves as a cotrustee for shares held by the Clarence L. Werner Grandchildren's Trust for the benefit of the grandchildren of Clarence L. Werner, some of which are children of the reporting person. Mr. Gary L. Werner and Mr. Gregory L. Werner have shared voting and dispositive power with respect to the shares in the trust. The reporting person disclaims actual and beneficial ownership of the shares held by the Clarence L. Werner Grandchildren's Trust, and the filing of this report is not an admission that the reporting person is the actual or beneficial owner of such securities for purposes of Section 16 or for any other purposes.
Documents
Issuer
WERNER ENTERPRISES INC
CIK 0000793074
Entity typeoperating
IncorporatedNE
Related Parties
1- filerCIK 0000793074
Filing Metadata
- Form type
- 4
- Filed
- Feb 11, 7:00 PM ET
- Accepted
- Feb 12, 4:23 PM ET
- Size
- 11.4 KB