4//SEC Filing
WHIRLPOOL CORP /DE/ 4
Accession 0001224297-07-000003
$WHRCIK 0000106640operating
Filed
Jul 2, 8:00 PM ET
Accepted
Jul 3, 12:10 PM ET
Size
26.9 KB
Accession
0001224297-07-000003
Insider Transaction Report
Form 4
THIENEMAN MICHAEL D
EXECUTIVE VICE PRESIDENT
Transactions
- Exercise/Conversion
Common Stock
2007-07-01−4,035→ 10,541 total - Exercise/Conversion
Common Stock
2007-07-01+10,000→ 14,576 total - Exercise/Conversion
Phantom Restricted Stock (Special Retention Program)
2007-07-01−10,000→ 10,000 total→ Common (10,000 underlying)
Holdings
- 785.178
Common Stock
- 574.58
Deferred Phantom ESAP Stock in WEDSP II
→ Common - 4,466
Phantom Restricted Shares (Strategic Excellence Program)
→ Common (4,466 underlying) - 7,100
Employee Stock Option (Right to Buy)
→ Common (7,100 underlying) - 653.93(indirect: By 401(k))
Common Stock
- 2,204.13
Phantom Restricted Shares (Strategic Excellence Program)
→ Common - 26,591.41
Phantom Restricted (Career) Stock
→ Common - 5,000
Phantom Restricted Shares (Maytag Recognition Awards)
→ Common (5,000 underlying) - 14,651.065
Deferred Phantom ESAP Stock in WEDSP
→ Common - 8,324
Employee Stock Option (Right to Buy)
→ Common (8,324 underlying) - 7,700
Employee Stock Option (Right to Buy)
→ Common (7,700 underlying)
Footnotes (13)
- [F1]Settlement of 50% of a special retention award for 10,000 shares of common stock under the Whirlpool Corporation 1998 Omnibus Stock and Incentive Plan in a transaction exempt under Rule 16b-3 (see Table II for disposition of derivative securities (10,000 shares of phantom restricted stock)). Of the 10,000 shares received, 4,035 shares were sold to the Company pursuant to the Company's Plan provisions under a tax withholding right. Participants may elect to defer receipt of vested shares. Dividend equivalents on deferred stock will be invested in additional stock. Restrictions lapse on the remaining 50% of this award on 07/01/2011.
- [F10]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.
- [F11]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.
- [F12]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.
- [F13]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.
- [F2]As of 06/15/2007, there are 785.177525 shares held in the account of the undersigned pursuant to the Whirlpool Corporation Automatic Dividend Reinvestment Plan.
- [F3]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 39.519156 shares held in joint tenancy by the undersigned and Mrs. Thieneman.
- [F4]As of 06/15/2007, there are 653.93 shares held in the acocunt of the undersigned pursuant to the Plan indicated in Column 7.
- [F5]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 06/15/2007, 2,204.13 total phantom shares deferred, which includes dividend equivalents earned in phantom restricted stock.
- [F6]12,544.42 phantom shares deferred under the Executive Deferred Savings Plan in transactions exempt under Rule 16b-3. As of 06/15/2007, 14,651.065 total phantom shares deferred, which includes dividend equivalents earned in phantom restricted stock.
- [F7]549 phantom shares deferred under the Executive Deferred Savings Plan II in transactions exempt under Rule 16b-3. As of 06/15/2007, 574.58 total phantom shares deferred, which includes dividend equivalents earned in phantom restricted stock.
- [F8]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 06/15/2007, 26,591.41 total phantom shares deferred, which includes dividend equivalents earned in phantom restricted stock.
- [F9]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.
Documents
Issuer
WHIRLPOOL CORP /DE/
CIK 0000106640
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000106640
Filing Metadata
- Form type
- 4
- Filed
- Jul 2, 8:00 PM ET
- Accepted
- Jul 3, 12:10 PM ET
- Size
- 26.9 KB