HERZLINGER REGINA E 4
4 · ZIMMER HOLDINGS INC · Filed Jan 4, 2005
Insider Transaction Report
Form 4
HERZLINGER REGINA E
Director
Transactions
- Award
Phantom Stock Units
2004-12-31$80.63/sh+263.547$21,250→ 5,288.928 total→ Common Stock (263.547 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]155.029 of the units are to be settled in cash within sixty days after the end of the calendar year in which the cessation of the reporting person's service as a Director occurs 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 108.518 units are to be settled in cash in ten annual installments after cessation of the reporting person's service as a Director ("Elective Deferral Other Units").