Sec Form 4 Filing - HU MARK K @ WHIRLPOOL CORP /DE/ - 2007-02-19

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
HU MARK K
2. Issuer Name and Ticker or Trading Symbol
WHIRLPOOL CORP /DE/ [ WHR]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
EXECUTIVE VICE PRESIDENT
(Last) (First) (Middle)
2000 M-63N
3. Date of Earliest Transaction (MM/DD/YY)
02/19/2007
(Street)
BENTON HARBOR, MI49022
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 5,987 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Phantom Restricted Shares (Strategic Excellence Program) ( 1 ) 02/19/2007 A( 1 ) 2,863 ( 1 ) ( 1 ) Common 2,863 $ 0 2,863 D
Employee Stock Option (Right to Buy) $ 94.47 02/19/2007 A( 2 ) 4,300 ( 2 ) ( 2 ) Common 4,300 $ 0 4,300 D
Phantom Restricted Shares (Special Retention Program) ( 3 ) ( 3 ) ( 3 ) Common 5,000 5,000 D
Employee Stock Option (Right to Buy) ( 4 ) ( 4 ) ( 4 ) Common 20,000 20,000 D
Employee Stock Option (Right to Buy) ( 5 ) ( 5 ) ( 5 ) Common 5,027 5,027 D
Employee Stock Option (Right to Buy) ( 6 ) ( 6 ) ( 6 ) Common 4,600 4,600 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
HU MARK K
2000 M-63N
BENTON HARBOR, MI49022
EXECUTIVE VICE PRESIDENT
Signatures
/s/ Robert T. Kenagy 02/21/2007
Signature of Reporting Person Date
Explanation of Responses:
( 1 )2,863 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 transactions exempt under Rule 16(b)-3(c). Time restrictions will lapse and shares will become vested on 02/19/2009.
( 2 )4,300 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.
( 3 )5,000 phantom stock shares (Special Retention Program) awarded under the Whirlpool Corporation 1998 Omnibus Stock and Incentive Plan in a transaction exempt under Rule 16b-3(c). Restrictions will lapse on this award on 01/01/2011. Participants may elect to defer receipt of vested shares. Dividend equivalents on deferred stock will be invested in additional stock.
( 4 )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. All shares are currently exercisable and the options will expire 10 years from the date of grant.
( 5 )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. All shares are currently exercisable and will expire 10 years from the date of grant.
( 6 )4,600 option shares with cashless exercise and tax withholding rights awarded on 02/20/2006 at the option price of $89.16 per share. 1,534 shares are currently exercisable with the remaining options to become exercisable as follows: one-third on 02/20/2008; and one-third on 02/20/2009. The options will expire 10 years from the date of grant.

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