4/A//SEC Filing
HU MARK K 4/A
Accession 0001315523-06-000001
CIK 0000106640other
Filed
Jan 16, 7:00 PM ET
Accepted
Jan 17, 1:38 PM ET
Size
15.1 KB
Accession
0001315523-06-000001
Insider Transaction Report
Form 4/AAmended
HU MARK K
EXECUTIVE VICE PRESIDENT
Transactions
- Exercise/Conversion
Common Stock
2005-02-14$63.24/sh+815$51,541→ 815 total - Exercise/Conversion
Common Stock
2005-02-14$67.99/sh−133$9,043→ 682 total - Award
Phantom Restricted Shares (Strategic Excellence Program)
2005-02-14+1,584→ 1,584 total→ Common (1,584 underlying)
Holdings
- 20,000
Employee Stock Option (Right to Buy)
→ Common (20,000 underlying) - 10,000
Phantom Restricted Shares (Special Retention Program)
→ Common (10,000 underlying) - 5,027
Employee Stock Option (Right to Buy)
→ Common (5,027 underlying)
Footnotes (6)
- [F1]Settlement of 2002-2004 ESAP award for 682 shares of common stock made under the Whirlpool Corporation 1996 Omnibus Stock and Incentive Plan in a transaction exempt under Rule 16b-3. Final settlement of shares has been corrected to reflect the shares paid to the Company for taxes and the number of shares actually received. The original filing incorrectly showed 269 shares withheld for taxes and 546 shares issued.
- [F2]Pursuant to the Company's Plan provisions, the Company paid $67.99 per share for performance-based phantom stock awarded under the 2002-2004 ESAP settlement for tax withholding purposes in a transaction exempt under Rule 16b-3.
- [F3]1,584 phantom stock shares (Strategic Excellence Program) awarded on 02/14/05 under the SEP 2004 grant made pursuant to the Whirlpool Corporation 2002 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]10,000 phantom stock shares (Special Retention Program) awarded on 01/05/2004 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 01/05/2007 and 50% on 01/05/2011. Participants may elect to defer receipt of vested shares. Dividend equivalents on deferred stock will be invested in additional stock.
- [F5]20,000 option shares with cashless exercise and tax withholding rights awarded on 01/05/2004 at the option price of $71.80 per share. 10,000 shares are currently exercisable with the remaining 10,000 shares becoming exercisable on 01/05/2006. The options will expire 10 years from the date of grant.
- [F6]5,027 option shares with cashless exercise and tax withholding rights awarded on 02/16/2004 at the option price of $72.94 per share. 1,676 shares are currently exercisable, with the remaining shares becoming exercisable as follows: one-third on 02/16/06; and one-third on 02/16/07. The options will expire 10 years from the date of grant.
Documents
Issuer
WHIRLPOOL CORP /DE/
CIK 0000106640
Entity typeother
Related Parties
1- filerCIK 0001315523
Filing Metadata
- Form type
- 4/A
- Filed
- Jan 16, 7:00 PM ET
- Accepted
- Jan 17, 1:38 PM ET
- Size
- 15.1 KB