Shengpo Wu - Mar 1, 2022 Form 4 Insider Report for WHIRLPOOL CORP /DE/ (WHR)

Signature
/s/ Bridget K. Quinn, Attorney-in-Fact
Stock symbol
WHR
Transactions as of
Mar 1, 2022
Transactions value $
-$258,983
Form type
4
Date filed
3/3/2022, 07:01 PM
Previous filing
Feb 16, 2022
Next filing
Mar 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WHR Common Stock Options Exercise $0 +6.23K +81.67% $0.00 13.9K Mar 1, 2022 Direct F1
transaction WHR Common Stock Tax liability -$259K -1.29K -9.29% $201.23 12.6K Mar 1, 2022 Direct
transaction WHR Common Stock Disposed to Issuer $0 -3.03K -24.13% $0.00 9.53K Mar 1, 2022 Direct F2
holding WHR Common Stock 22.5 Mar 1, 2022 401(k) Stock Fund

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 Options Exercise $0 -6.23K -100% $0.00* 0 Mar 1, 2022 Common Stock 6.23K Direct F1
transaction WHR Deferred Stock Award $0 +3.03K +81.2% $0.00 6.77K Mar 1, 2022 Common Stock 3.03K Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Vesting of earned performance-based restricted stock units award for the 2019-2021 performance period granted under the Whirlpool Corporation Omnibus Stock and Incentive Plan.
F2 Upon the vesting of performance-based restricted stock units on 03/01/2022, the reporting person deferred the receipt of 3,033 shares of common stock pursuant to Whirlpool's Executive Deferred Savings Plan II. As a result, the reporting person is reporting the disposition of 3,033 shares of common stock in exchange for an equal number of shares of deferred stock. The deferred stock is payable following the reporting person's termination of employment with Whirlpool Corporation.