4//SEC Filing
WHIRLPOOL CORP /DE/ 4
Accession 0001167299-05-000002
$WHRCIK 0000106640operating
Filed
Feb 17, 7:00 PM ET
Accepted
Feb 18, 1:56 PM ET
Size
24.7 KB
Accession
0001167299-05-000002
Insider Transaction Report
Form 4
SWIFT DAVID L
EXECUTIVE VICE PRESIDENT
Transactions
- Sale
Common Stock
2005-02-18$62.21/sh−29,000$1,804,000→ 5,181 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2005-02-18−30,000→ 0 totalExercise: $49.60→ Common (30,000 underlying) - Exercise/Conversion
Common Stock
2005-02-18$49.60/sh+30,000$1,488,000→ 34,181 total
Holdings
- 3,733
Phantom Restricted Shares (Strategic Excellence Program)
→ Common (3,733 underlying) - 724.5
Deferred Phantom ESAP Stock in WEDSP
→ Common - 12,343.19
Phantom Restricted Shares (Special Retention Program)
→ Common - 12,500
Phantom Restricted Shares (Special Retention Program)
→ Common (12,500 underlying) - 30,000
Phantom Restricted Shares (Special Retention Program)
→ Common (30,000 underlying) - 25,000
Employee Stock Option (Right to Buy)
→ Common (25,000 underlying) - 26,955.01
Phantom Restricted (Career) Stock
→ Common - 27,000
Employee Stock Option (Right to Buy)
→ Common (27,000 underlying) - 10,772
Employee Stock Option (Right to Buy)
→ Common (10,772 underlying)
Footnotes (11)
- [F1]Cashless stock option exercise of 30,000 share options granted on 02/17/03 at the option price of $49.60 per share with tax withholding rights. Immediate sale through broker of 29,000 shares. 1,000 shares were retained from the exercise.
- [F10]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.
- [F11]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]4,688 shares are held in name of the undersigned's broker.
- [F3]Award of 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.
- [F4]724.50 phantom stock deferred under the Executive Deferred Savings Plan in transactions exempt under Rule 16b-3. As of 02/14/05, 724.50 total phantom shares deferred.
- [F5]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.
- [F6]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.
- [F7]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.
- [F8]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.
- [F9]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.
Documents
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, 1:56 PM ET
- Size
- 24.7 KB