WHIRLPOOL CORP /DE/ 4
4 · WHIRLPOOL CORP /DE/ · Filed Feb 18, 2004
Insider Transaction Report
Form 4
PERIQUITO PAULO F M O
EXECUTIVE VICE PRESIDENT
Transactions
- Exercise/Conversion
Common Stock
2004-02-16$72.94/sh+9,015$657,554→ 90,922 total - Award
Employee Stock Option (Right to Buy)
2004-02-16+12,339→ 12,339 totalExercise: $72.94→ Common (12,339 underlying)
Holdings
- 5,000
Employee Stock Option (Right to Buy)
→ Common (5,000 underlying) - 33,000
Employee Stock Option (Right to Buy)
→ Common (33,000 underlying) - 50,000
Employee Stock Option (Right to Buy)
→ Common (50,000 underlying) - 15,000
Employee Stock Option (Right to Buy)
→ Common (15,000 underlying) - 45,894.63
Phantom Restricted (Career) Stock
→ Common - 25,000
Phantom Restricted Shares (Special Retention Program)
→ Common (25,000 underlying) - 18,500
Phantom Restricted Shares (Special Retention Program)
→ Common (18,500 underlying)
Footnotes (15)
- [F1]Settlement of 2001-2003 ESAP award for 9,015 shares of common stock made under the Whirlpool Corporation 1996 Omnibus Stock and Incentive Plan in a transaction exempt under Rule 16b-3.
- [F10]33,000 option shares with cashless exercise and tax withholding rights awarded on 02/14/00 at the option price of $52.19 per share. All shares are currently exercisable and will expire 10 years from date of grant.
- [F11]18,500 phantom stock shares (Special Retention Program) awarded on 10/16/01 under the Whirlpool Corporation 1998 Omnibus Stock and Incentive Plan in transactions exempt under Rule 16(b)-3(c). Phantom shares will become vested as follows: 50% on 02/19/08. Participants may elect to defer receipt of vested shares. Dividend equivalents will be invested in additional stock.
- [F12]33,000 option shares with cashless exercise and tax withholding rights awarded on 02/19/01 at the option price of $54.07 per share. All shares are currently exercisable and will expire 10 years from date of grant.
- [F13]33,000 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.
- [F14]33,000 option shares with cashless exercise and tax withholding rights awarded on 02/17/03 at the option price of $49.60 per share. 16,500 shares are currently exercisable, with the remaining 16,500 shares becoming exercisable on 02/17/05. The options will expire 10 years from date of grant.
- [F15]12,339 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 02/17/07. The options will expire 10 years from date of grant.
- [F2]3,000 shares are held in the name of the undersigned's broker.
- [F3]50,000 phantom stock shares (Special Retention Program) awarded on 10/16/01 under the Whirlpool Corporation 1998 Omnibus Stock and Incentive Program in transactions exempt under Rule 16(b)-3(c). Remaining phantom shares will vest on 10/16/05. Participants may elect to defer receipt of vested shares. Dividend equivalents will be invested in additional stock.
- [F4]50,000 option shares awarded on 06/18/96 at the option price of $50.44 per share with tax withholding rights. All shares are currently exercisable and will expire 10 years from date of grant.
- [F5]15,000 option shares awarded on 04/15/97 at the option price of $45.75 per share with tax withholding rights. All shares are currently exercisable and will expire 10 years from date of grant.
- [F6]5,000 option shares awarded on 07/10/97 at the option price of $52.19 per share with tax withholding rights. All shares are currently exercisable and will expire 10 years from date of grant.
- [F7]Original grant of 40,000 phantom stock shares (Career Stock Award) under the Whirlpool 1989 Omnibus Stock and Incentive Plan in transactions exempt under Rule 16b-3(c). 20,000 phantom shares are currently vested, with the remaining shares becoming vested as follows: 10,000 shares on 04/02/05; and 10,000 shares on retirement after age 60. As of 12/15/03, 45,894.63 total phantom shares deferred.
- [F8]15,000 option shares with cashless exercise and tax withholding rights awarded on 06/15/98 at the option price of $63.13 per share. All shares are currently exercisable and will expire 10 years from date of grant.
- [F9]33,000 option shares with cashless exercise and tax withholding rights awarded on 04/05/99 at the option price of $52.28 per share. All shares are currently exercisable and will expire 10 years from date of grant.