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As Of Filer Filing For·On·As Docs:Size Issuer Filing Agent 8/19/22 Whirlpool Corp./DE 8-K:5 8/17/22 11:170K Donnelley … Solutions/FA |
Document/Exhibit Description Pages Size 1: 8-K Current Report HTML 25K 6: R1 Document and Entity Information HTML 50K 9: XML IDEA XML File -- Filing Summary XML 12K 7: XML XBRL Instance -- d394761d8k_htm XML 18K 8: EXCEL IDEA Workbook of Financial Reports XLSX 8K 3: EX-101.DEF XBRL Definitions -- whr-20220817_def XML 40K 4: EX-101.LAB XBRL Labels -- whr-20220817_lab XML 69K 5: EX-101.PRE XBRL Presentations -- whr-20220817_pre XML 41K 2: EX-101.SCH XBRL Schema -- whr-20220817 XSD 13K 10: JSON XBRL Instance as JSON Data -- MetaLinks 14± 21K 11: ZIP XBRL Zipped Folder -- 0001193125-22-225427-xbrl Zip 15K
8-K |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM i 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported): i August 17, 2022
WHIRLPOOL CORPORATION
(Exact name of registrant as Specified in Charter)
i Delaware | i 1-3932 | i 38-1490038 | ||
(State or Other Jurisdiction of Incorporation) |
(Commission File Number) |
(I.R.S. Employer Identification No.) |
2000 North M-63, | ||
i Benton Harbor, i Michigan | i 49022-2692 | |
(Address of principal executive offices) | (Zip Code) |
Registrant’s telephone number, including area code ( i 269) i 923-5000
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
i ☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
i ☐ | Soliciting material pursuant to rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
i ☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
i ☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
Title of each class |
Trading |
Name of each exchange | ||||||
i i Common stock, par value $1.00 per share / | i i WHR / | i Chicago Stock Exchange | and | i New York Stock Exchange |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company i ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
ITEM 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On August 17, 2022, Whirlpool Corporation (the “Company”), entered into a retention agreement (the “Retention Agreement”) with Gilles Morel, the Company’s Executive Vice President and President, Whirlpool EMEA. The Retention Agreement was entered into in connection with the Company’s publicly announced plan to conduct a strategic review of the EMEA region. Under the Retention Agreement, Mr. Morel will be entitled to receive a cash retention bonus from the Company equal to Euro 3 million, which will vest and become payable in two installments as follows: (1) 35% on the closing date of a transaction divesting the EMEA business (the “Transaction”) and (2) following the Transaction, 65% on June 30, 2024, subject in each case to Mr. Morel’s continued satisfactory employment with the Company or any successor company prior to the applicable installment date, subject to certain exceptions as further set forth in the Retention Agreement. Mr. Morel will not receive the retention bonus if the Company ceases to pursue the Transaction or, if the Transaction fails to close by June 30, 2024.
The description of the Retention Agreement in this Current Report on Form 8-K is qualified in its entirety by reference to the complete text of the Retention Agreement, a copy of which will be filed as an exhibit to the Company’s quarterly report on Form 10-Q for the quarter ended September 30, 2022.
Website Disclosure
We routinely post important information for investors on our website, whirlpoolcorp.com, in the “Investors” section. We also intend to update the Hot Topics Q&A portion of this webpage as a means of disclosing material, non-public information and for complying with our disclosure obligations under Regulation FD. Accordingly, investors should monitor the Investors section of our website, in addition to following our press releases, SEC filings, public conference calls, presentations and webcasts. The information contained on, or that may be accessed through, our webpage is not incorporated by reference into, and is not a part of, this document.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: August 19, 2022
WHIRLPOOL CORPORATION | ||||
By: | /s/ Bridget K. Quinn | |||
Name: | Bridget K. Quinn | |||
Title: | Deputy General Counsel and Corporate Secretary |
This ‘8-K’ Filing | Date | Other Filings | ||
---|---|---|---|---|
6/30/24 | ||||
9/30/22 | ||||
Filed on: | 8/19/22 | |||
For Period end: | 8/17/22 | 4 | ||
List all Filings |