ZIMMER HOLDINGS INC 4
4 · ZIMMER HOLDINGS INC · Filed Jan 5, 2004
Insider Transaction Report
Form 4
HERZLINGER REGINA E
Director
Transactions
- Award
Phantom Stock Units
2003-12-31$70.88/sh+236.315$16,750→ 4,202.465 total→ Common Stock (236.315 underlying)
Footnotes (3)
- [F1]The phantom stock units were accrued under the Zimmer Holdings, Inc. ("Company") Deferred Compensation Plan for Non-employee Directors.
- [F2]The Conversion or Exercise Price of Derivative Security is 1-for-1.
- [F3]88.177 of the units are to be settled in shares of Company common stock within sixty days after cessation of the reporting person's service as a Director ("Mandatory Deferral Units"). 88.177 of the units are to be settled in cash within sixty days after cessation of the reporting person's service as a Director or may be converted into options to purchase shares of Company common stock at the ratio of 3 stock options for each unit at the election of the reporting person ("Elective Deferral Annual Fee Units"). The remaining 59.961 units are to be settled in cash within sixty days after cessation of the reporting person's service as a Director ("Elective Deferral Other Units").