4//SEC Filing
WHIRLPOOL CORP /DE/ 4
Accession 0001167299-05-000001
$WHRCIK 0000106640operating
Filed
Feb 15, 7:00 PM ET
Accepted
Feb 16, 3:13 PM ET
Size
26.2 KB
Accession
0001167299-05-000001
Insider Transaction Report
Form 4
SWIFT DAVID L
EXECUTIVE VICE PRESIDENT
Transactions
- Exercise/Conversion
Common Stock
2005-02-14$63.24/sh+724$45,786→ 4,412 total - Exercise/Conversion
Common Stock
2005-02-14$67.99/sh−231$15,706→ 4,181 total - Award
Deferred Phantom ESAP Stock in WEDSP
2005-02-14+724.5→ 724.5 total→ Common - Award
Phantom Restricted Shares (Strategic Excellence Program)
2005-02-14+3,733→ 3,733 total→ Common (3,733 underlying)
Holdings
- 12,500
Phantom Restricted Shares (Special Retention Program)
→ Common (12,500 underlying) - 30,000
Phantom Restricted Shares (Special Retention Program)
→ Common (30,000 underlying) - 26,955.01
Phantom Restricted (Career) Stock
→ Common - 25,000
Employee Stock Option (Right to Buy)
→ Common (25,000 underlying) - 27,000
Employee Stock Option (Right to Buy)
→ Common (27,000 underlying) - 30,000
Employee Stock Option (Right to Buy)
→ Common (30,000 underlying) - 12,343.19
Phantom Restricted Shares (Special Retention Program)
→ Common - 10,772
Employee Stock Option (Right to Buy)
→ Common (10,772 underlying)
Footnotes (13)
- [F1]Settlement of 2002-2004 ESAP award for 493 shares of common stock made under the Whirlpool Corporation 1996 Omnibus Stock and Incentive Plan in a transaction exempt under Rule 16b-3.
- [F10]Original grant of 25,000 phantom stock shares (Career Stock Award) awarded under the 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 12/15/2004, the latest date for which information is reasonably available, 26,955.01 total phantom shares deferred, which includes dividend equivalents earned in phantom restricted stock.
- [F11]27,000 option shares with cashless exercise and tax withholding rights awarded on 2/18/02 at the option price of $67.29 per share. All shares are currently exercisable, and will expire 10 years from date of grant.
- [F12]30,000 option shares with cashless exercise and tax withholding rights awarded on 2/17/03 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.
- [F13]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. 3,591 shares are currently exercisable, with the remaining shares to become exercisable as follows: one-third on 02/16/06; and one-third on 02/16/07. The options will expire 10 years from date of grant.
- [F2]Pursuant to the Company's Plan provisions, the Company paid $67.99 per share for performance-based phantom stock awarded under the 2002-2004 ESAP settlement for tax withholding purposes in a transaction exempt under Rule 16b-3.
- [F3]3,688 shares are held in name of the undersigned's broker.
- [F4]3,733 phantom stock shares (Strategic Excellence Program) awarded on 02/14/05 under the 2002 Whirlpool Corporation Omnibus Stock and Incentive Plan in transactions exempt under Rule 16(b)-3(c). Time restrictions will lapse and shares will become vested as follows: 50% on 02/14/06; and 50% on 02/14/07.
- [F5]Deferral of 724.50 phantom stock awarded on 02/14/05 by the Human Resources Committee of the Board of Directors pursuant to the 1996 Whirlpool Corporation Omnibus Stock and Incentive Plan in transactions exempt under Rule 16b-3. As of 02/14/05, 724.50 total phantom shares deferred.
- [F6]Deferral of payout of 12,266.37 phantom restricted shares (Special Retention Program) awarded under the 1998 Whirlpool Corporation Omnibus Stock and Incentive Plan in transactions exempt under Rule 16(b)-3(c). As of 12/15/04, the latest date for which information is reasonably available, 12,343.19 total phantom shares deferred, which includes dividend equivalents earned in phantom restricted stock.
- [F7]12,500 phantom stock shares (Special Retention Program) awarded under the Whirlpool Corporation 1998 Omnibus Stock and Incentive Plan in transactions exempt under Rule 16(b)-3(c). Shares will vest on 11/26/08. Participants may elect to defer receipt of vested shares. Dividend equivalents on deferred stock will be invested in additional stock.
- [F8]30,000 phantom stock shares (Special Retention Program) awarded on 06/14/2004 with the effective date of the award to be 07/01/2004 under the Whirlpool Corporation 2002 Omnibus Stock and Incentive Plan in transactions exempt under Rule 16(b)-3(c). Shares will become vested as follows: 50% on 07/01/2007 and 50% on 07/01/2011. Participants may elect to defer receipt of vested shares. Dividend equivalents on deferred stock will be invested in additional stock.
- [F9]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.
Documents
Issuer
WHIRLPOOL CORP /DE/
CIK 0000106640
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000106640
Filing Metadata
- Form type
- 4
- Filed
- Feb 15, 7:00 PM ET
- Accepted
- Feb 16, 3:13 PM ET
- Size
- 26.2 KB