COSTCO WHOLESALE CORP /NEW 4
4 · COSTCO WHOLESALE CORP /NEW · Filed Oct 7, 2016
Insider Transaction Report
Form 4
SCHUTT DOUGLAS W
Executive VP
Transactions
- Award
Common Stock
2016-10-05+18,440→ 58,624 total - Tax Payment
Common Stock
2016-10-05$149.98/sh−4,186$627,816→ 54,438 total
Footnotes (2)
- [F1]Grant was initially made in October 2015 subject to performance conditions concerning fiscal 2016, which have been deemed satisfied by the Compensation Committee of the Board of Directors. The shares of restricted stock subject to performance conditions vest ratably over a four year period from satisfaction based on continued employment with the Company. In addition, under the Stock Incentive Plan, long term employees are eligible for accelerated vesting upon the anniversary of their 25th, 30th and 35th years of service.
- [F2]Not applicable. Grant of Restricted Stock Units.