HORN JOEL H. (EVP, Gen Counsel and Corp Secy) exercised options at WELBILT, INC.

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 3 exercises

HORN JOEL H.

Filed: 12/20/2021ACC: 0001650962-21-000140

InsiderHORN JOEL H.CIK 1692959

→

IssuerWELBILT, INC.CIK 1650962

Officer· EVP, Gen Counsel and Corp Secy

Since Feb 2019

-10.09K

Net shares

Net seller

$239.1K

Total sold

Open market trades

0B · 0S

Total transactions

13.16K acquired · 23.26K disposed

Non-Derivative Transactions4

Common Stock

Direct

M · Option Exercise

+4.05K

Price / share

$14.99

Trade value

$60.66K

% of position

9.6%

12/17/2021

42.19K→46.24K

Common Stock

Direct

M · Option Exercise

+4.61K

Price / share

$14.01

Trade value

$64.64K

% of position

10.0%

12/17/2021

46.24K→50.85K

Common Stock

Direct

M · Option Exercise

+4.50K

Price / share

$14.77

Trade value

$66.51K

% of position

8.9%

12/17/2021

50.85K→55.36K

Common Stock

Direct

F · Tax Withholding

−10.09K

Price / share

$23.69

Trade value

$239.08K

% of position

18.2%

12/17/2021

55.36K→45.27K

Total

Net shares

+3.07K

Net value

-$47.26K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	12/17/2021	M · Option Exercise	+4.05K	$14.99	$60.66K	9.6%	42.19K	46.24K
Common Stock Direct	12/17/2021	M · Option Exercise	+4.61K	$14.01	$64.64K	10.0%	46.24K	50.85K
Common Stock Direct	12/17/2021	M · Option Exercise	+4.50K	$14.77	$66.51K	8.9%	50.85K	55.36K
Common Stock Direct	12/17/2021	F · Tax Withholding	−10.09K	$23.69	$239.08K	18.2%	55.36K	45.27K
Total			+3.07K		-$47.26K

Derivative Transactions3

Stock Options (Right to Buy)

Direct

M · Option Exercise

Converts to

Common Stock

4.05K shares

−4.05K

Strike price

14.99

Held after

0.00

Exercisable

—

12/17/2021

Stock Options (Right to Buy)

Direct

M · Option Exercise

Converts to

Common Stock

4.61K shares

−4.61K

Strike price

14.01

Held after

4.62K

Exercisable

—

12/17/2021

Stock Options (Right to Buy)

Direct

M · Option Exercise

Converts to

Common Stock

4.50K shares

−4.50K

Strike price

14.77

Held after

4.50K

Exercisable

—

12/17/2021

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Stock Options (Right to Buy) Direct	Common Stock4.05K shares	12/17/2021	M · Option Exercise	−4.05K	14.99	—	0.00
Stock Options (Right to Buy) Direct	Common Stock4.61K shares	12/17/2021	M · Option Exercise	−4.61K	14.01	—	4.62K
Stock Options (Right to Buy) Direct	Common Stock4.50K shares	12/17/2021	M · Option Exercise	−4.50K	14.77	—	4.50K