Home/Filings/4/0001167299-04-000001
4//SEC Filing

WHIRLPOOL CORP /DE/ 4

Accession 0001167299-04-000001

$WHRCIK 0000106640operating

Filed

Feb 17, 7:00 PM ET

Accepted

Feb 18, 2:38 PM ET

Size

18.3 KB

Accession

0001167299-04-000001

Insider Transaction Report

Form 4
Period: 2004-02-16
SWIFT DAVID L
EXECUTIVE VICE PRESIDENT
Transactions
  • Exercise/Conversion

    Common Stock

    2004-02-16$70.66/sh792$55,9633,688 total
  • Award

    Employee Stock Option (Right to Buy)

    2004-02-16+10,77210,772 total
    Exercise: $72.94Common (10,772 underlying)
  • Exercise/Conversion

    Common Stock

    2004-02-16$72.94/sh+2,600$189,6444,480 total
Holdings
  • Phantom Restricted (Career) Shares

    Common
    26,262.03
  • Employee Stock Option (Right to Buy)

    Common (25,000 underlying)
    25,000
  • Phantom Restricted Shares (Special Retention Program)

    Common (25,000 underlying)
    25,000
  • Employee Stock Option (Right to Buy)

    Common (30,000 underlying)
    30,000
  • Employee Stock Option (Right to Buy)

    Common (27,000 underlying)
    27,000
Footnotes (9)
  • [F1]Settlement of 2001-2003 ESAP award for 1,808 shares of common stock made under the Whirlpool Corporation 1996 Omnibus Stock and Incentive Plan in a transaction exempt under Rule 16b-3.
  • [F2]Pursuant to the Company's Plan provisions, the Company paid $70.66 per share for performance-based phantom stock awarded under the 2001-2003 ESAP settlement for tax withholding purposes in a transaction exempt under Rule 16b-3.
  • [F3]1,880 shares are held in name of the undersigned's broker.
  • [F4]25,000 option shares with cashless exercise and tax withholding rights awarded on 11/26/01 at the option price of $66.62 per share. All shares are currently exercisable, and will expire 10 years from date of grant.
  • [F5]Original grant of 25,000 phantom stock shares (Career Stock Award) awarded under the Whirlpool Corporation 1996 Omnibus Stock and Incentive Plan in transactions exempt under Rule 16(b)-3(c). Phantom shares will become vested as follows: 10,000 shares on 11/26/06; 10,000 shares on 11/26/10; and 5,000 shares on retirement after age 60. As of 12/15/03, 26,262.03 total phantom shares deferred.
  • [F6]25,000 phantom stock shares (Special Retention Program) awarded on 11/26/01 under the Whirlpool Corporation 1998 Omnibus Stock and Incentive Plan in transactions exempt under Rule 16(b)-3(c). Shares will become vested as follows: 50% on 11/26/04; and 50% on 11/26/08. Participants may elect to defer receipt of vested shares. Dividend equivalents will be invested in additional stock.
  • [F7]27,000 option shares with cashless exercise and tax withholding rights awarded on 02/18/02 at the option price of $67.29 per share. All shares are currently exercisable, and will expire 10 years from date of grant.
  • [F8]30,000 option shares with cashless exercise and tax withholding rights awarded on 02/17/03 at the option price of $49.60 per share. 15,000 shares are currently exercisable, with the remaining 15,000 shares becoming exercisable on 02/17/05. The options will expire 10 years from date of grant.
  • [F9]10,772 option shares with cashless exercise and tax withholding rights awarded on 02/16/04 at the option price of $72.94 per share. Shares will become exercisable as follows: one-third on 02/16/05; one-third on 02/16/06; and one-third on 02/16/07. The options will expire 10 years from date of grant.

Issuer

WHIRLPOOL CORP /DE/

CIK 0000106640

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0000106640

Filing Metadata

Form type
4
Filed
Feb 17, 7:00 PM ET
Accepted
Feb 18, 2:38 PM ET
Size
18.3 KB