4//SEC Filing
WHIRLPOOL CORP /DE/ 4
Accession 0001224297-07-000002
$WHRCIK 0000106640operating
Filed
Feb 20, 7:00 PM ET
Accepted
Feb 21, 4:54 PM ET
Size
30.2 KB
Accession
0001224297-07-000002
Insider Transaction Report
Form 4
THIENEMAN MICHAEL D
EXECUTIVE VICE PRESIDENT
Transactions
- Sale
Common Stock
2007-02-21$95.12/sh−23,000$2,187,721→ 4,576 total - Award
Phantom Restricted Shares (Strategic Excellence Program)
2007-02-19+4,466→ 4,466 total→ Common (4,466 underlying) - Award
Employee Stock Option (Right to Buy)
2007-02-19+7,100→ 7,100 totalExercise: $94.47→ Common (7,100 underlying) - Exercise/Conversion
Common Stock
2007-02-21$67.29/sh+23,000$1,547,670→ 27,576 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2007-02-21−23,000→ 0 total→ Common (23,000 underlying)
Holdings
- 2,184.789
Phantom Restricted Shares (Strategic Excellence Program)
→ Common - 751.103
Common Stock
- 8,324
Employee Stock Option (Right to Buy)
→ Common (8,324 underlying) - 648.189(indirect: By 401(k))
Common Stock
- 20,000
Phantom Restricted Stock (Special Retention Program)
→ Common (20,000 underlying) - 5,000
Phantom Restricted Shares (Maytag Recognition Awards)
→ Common (5,000 underlying) - 14,522.479
Deferred Phantom ESAP Stock in WEDSP
→ Common - 569.538
Deferred Phantom ESAP Stock in WEDSP II
→ Common - 26,357.99
Phantom Restricted (Career) Stock
→ Common - 7,700
Employee Stock Option (Right to Buy)
→ Common (7,700 underlying)
Footnotes (14)
- [F1]As of 12/15/06, the latest date for which information is reasonably available, there are 751.103203 shares held in the account of the undersigned pursuant to the Whirlpool Corporation Automatic Dividend Reinvestment Plan.
- [F10]20,000 phantom stock shares (Career Stock Award) awarded under the Whirlpool 1989 Omnibus Stock & Incentive Plan in transactions exempt under Rule 16b-3(c). 8,000 phantom shares are currently vested, with the remaining shares becoming vested as follows: 12,000 shares on retirement after age 60. As of 12/15/06, the latest date for which information is reasonably available, 26,357.99 total phantom shares deferred, which includes dividend equivalents earned in phantom restricted stock.
- [F11]Award of 20,000 phantom stock shares (Special Retention Program) 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.
- [F12]Award of 5,000 phantom stock shares (Maytag Recognition Awards) on 08/13/2006 under the Whirlpool Corporation 2002 Omnibus Stock and Incentive Plan in transactions exempt under Rule 16(b)-3(c). Restrictions will lapse on the award on 08/13/2009. Dividend equivalents will be paid annually in cash.
- [F13]8,324 option shares with cashless exercise and tax withholding rights awarded on 02/16/2004 at the option price of $72.94 per share. All shares are currently exercisable and will expire 10 years from date of grant.
- [F14]7,700 option shares with cashless exercise and tax withholding rights awarded on 02/20/2006 at the option price of $89.16 per share. 2,567 shares are currently exercisable with the remaining shares to become exercisable as follows: one-third on 02/20/2008; and one-third on 02/20/2008. The options will expire 10 years from the date of grant.
- [F2]The execution and filing of this report shall not be construed as an admission that the undersigned is for the pupose of Section 16 of the Securities Exchange Act of 1934 the beneficial owner of 39.189208 shares held in joint tenancy by the undersigned and Mrs. Thieneman.
- [F3]As of 12/15/2006, there are 648.189 shares held in the acocunt of the undersigned pursuant to the Plan indicated in Column 7.
- [F4]4,466 phantom stock shares (Strategic Excellence Program) awarded on 02/19/2007 under the SEP 2006 grant of contingent shares made pursuant to the 2002 Whirlpool Corporation Omnibus Stock and Incentive Plan in transaction exempt under Rule 16(b)-3(c). Time restrictions will lapse and shares will become vested on 02/19/2009.
- [F5]7,100 option shares awarded on 02/19/2007 at the option price of $94.47 per share with cashless exercise and tax withholding rights. Shares will become exercisable as follows: one-third on 02/19/2008; one-third on 02/19/2009; and one-third on 02/19/2010. The options will expire 10 years from the date of grant.
- [F6]Cashless exercise and immediate sale through broker of an award granted on 02/18/2002 at the option price of $67.29 with the cashless exercise and tax withholding rights. All shares were currently exercisable and would have expired 10 years from the date of grant.
- [F7]2,163 phantom shares deferred under the 2004 SEP award in a transaction exempt under Rule 16b-3. These shares were reported in Table II as derivative securities in prior filings. As of 2/14/2007, 2,184.789 total phantom shares deferred, which includes dividend equivalents earned in phantom restricted stock.
- [F8]12,544.42 phantom shares deferred under the Executive Deferred Savings Plan in transactions exempt under Rule 16b-3. As of 12/15/06, the latest date for which information is reasonably available, 14,522.479 total phantom shares deferred, which includes dividend equivalents earned in phantom restricted stock.
- [F9]549 phantom shares deferred under the Executive Deferred Savings Plan II in transactions exempt under Rule 16b-3. As of 12/15/06, the latest date for which information is reasonably available, 569.538 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 20, 7:00 PM ET
- Accepted
- Feb 21, 4:54 PM ET
- Size
- 30.2 KB