Joao Carlos Brega - Feb 14, 2022 Form 4 Insider Report for WHIRLPOOL CORP /DE/ (WHR)

Role
EXECUTIVE VICE PRESIDENT, LAR
Signature
/s/ Bridget K. Quinn, Attorney-in-Fact
Stock symbol
WHR
Transactions as of
Feb 14, 2022
Transactions value $
$0
Form type
4
Date filed
2/16/2022, 04:28 PM
Next filing
Feb 23, 2022

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction WHR Restricted Stock Units Award $0 +9.24K $0.00 9.24K Feb 14, 2022 Common Stock 9.24K Direct F1
transaction WHR Employee Stock Options (Right to Buy) Award $0 +5.41K $0.00 5.41K Feb 14, 2022 Common Stock 5.41K $196.62 Direct F2
transaction WHR Restricted Stock Units Award $0 +15K $0.00 15K Feb 14, 2022 Common 15K Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents amounts earned under a performance-based restricted stock unit award for the 2019-2021 performance period made under the Whirlpool Corporation Omnibus Stock and Incentive Plan. Earned amounts will vest and convert one-for-one to shares on 03/01/2022.
F2 Options will vest and become exercisable as follows: approximately one-third on each of the following dates: 03/01/2023, 03/01/2024, and 03/01/2025.
F3 Represents conversion of performance-based restricted stock units into time-based restricted stock units following committee certification of satisfaction of performance criteria on 02/14/2022. Restricted stock units will vest and convert one-for-one to shares on 03/01/2023.