SHEFFER RICHARD JAMES (VP, IR, Risk Mgmt, Treasurer) exercised options at WELBILT, INC.

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

M · 5 exercises

SHEFFER RICHARD JAMES

Filed: 8/10/2021ACC: 0001650962-21-000077

InsiderSHEFFER RICHARD JAMESCIK 1670459

→

IssuerWELBILT, INC.CIK 1650962

Officer· VP, IR, Risk Mgmt, Treasurer

Since Nov 2018

-9.16K

Net shares

Net seller

$213.8K

Total sold

Open market trades

0B · 0S

Total transactions

11.75K acquired · 20.92K disposed

Non-Derivative Transactions6

Common Stock

Direct

M · Option Exercise

+2.23K

Price / share

$18.61

Trade value

$41.54K

% of position

9.2%

8/9/2021

24.21K→26.44K

Common Stock

Direct

M · Option Exercise

+3K

Price / share

$20.25

Trade value

$60.69K

% of position

11.3%

8/9/2021

26.44K→29.44K

Common Stock

Direct

M · Option Exercise

+2.23K

Price / share

$14.99

Trade value

$33.37K

% of position

7.6%

8/9/2021

29.44K→31.67K

Common Stock

Direct

M · Option Exercise

+1.13K

Price / share

$14.01

Trade value

$15.80K

% of position

3.6%

8/9/2021

31.67K→32.79K

Common Stock

Direct

M · Option Exercise

+3.17K

Price / share

$13.51

Trade value

$42.83K

% of position

9.7%

8/9/2021

32.79K→35.96K

Common Stock

Direct

F · Tax Withholding

−9.16K

Price / share

$23.33

Trade value

$213.77K

% of position

25.5%

8/9/2021

35.96K→26.80K

Total

Net shares

+2.59K

Net value

-$19.55K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	8/9/2021	M · Option Exercise	+2.23K	$18.61	$41.54K	9.2%	24.21K	26.44K
Common Stock Direct	8/9/2021	M · Option Exercise	+3K	$20.25	$60.69K	11.3%	26.44K	29.44K
Common Stock Direct	8/9/2021	M · Option Exercise	+2.23K	$14.99	$33.37K	7.6%	29.44K	31.67K
Common Stock Direct	8/9/2021	M · Option Exercise	+1.13K	$14.01	$15.80K	3.6%	31.67K	32.79K
Common Stock Direct	8/9/2021	M · Option Exercise	+3.17K	$13.51	$42.83K	9.7%	32.79K	35.96K
Common Stock Direct	8/9/2021	F · Tax Withholding	−9.16K	$23.33	$213.77K	25.5%	35.96K	26.80K
Total			+2.59K		-$19.55K

Derivative Transactions5

Stock Options (Right to Buy)

Direct

M · Option Exercise

Converts to

Common Stock

2.23K shares

−2.23K

Strike price

18.61

Held after

0.00

Exercisable

—

8/9/2021

Stock Options (Right to Buy)

Direct

M · Option Exercise

Converts to

Common Stock

3K shares

−3K

Strike price

20.25

Held after

0.00

Exercisable

—

8/9/2021

Stock Options (Right to Buy)

Direct

M · Option Exercise

Converts to

Common Stock

2.23K shares

−2.23K

Strike price

14.99

Held after

2.23K

Exercisable

—

8/9/2021

Stock Options (Right to Buy)

Direct

M · Option Exercise

Converts to

Common Stock

1.13K shares

−1.13K

Strike price

14.01

Held after

3.38K

Exercisable

—

8/9/2021

Stock Options (Right to Buy)

Direct

M · Option Exercise

Converts to

Common Stock

3.17K shares

−3.17K

Strike price

13.51

Held after

0.00

Exercisable

—

8/9/2021

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Stock Options (Right to Buy) Direct	Common Stock2.23K shares	8/9/2021	M · Option Exercise	−2.23K	18.61	—	0.00
Stock Options (Right to Buy) Direct	Common Stock3K shares	8/9/2021	M · Option Exercise	−3K	20.25	—	0.00
Stock Options (Right to Buy) Direct	Common Stock2.23K shares	8/9/2021	M · Option Exercise	−2.23K	14.99	—	2.23K
Stock Options (Right to Buy) Direct	Common Stock1.13K shares	8/9/2021	M · Option Exercise	−1.13K	14.01	—	3.38K
Stock Options (Right to Buy) Direct	Common Stock3.17K shares	8/9/2021	M · Option Exercise	−3.17K	13.51	—	0.00