HOSPIRA INC 4

Accession 0001179110-15-012975

CIK 0001274057operating

View on SEC.gov Company Profile

Filed

Sep 2, 8:00 PM ET

Accepted

Sep 3, 11:48 AM ET

Size

29.6 KB

Accession

0001179110-15-012975

Insider Transaction Report

Form 4

Period: 2015-09-03

HOSPIRA INCHSP

SMITH BRIAN J

SVP, General Counsel and Sec.

Transactions

Award
Common Stock
2015-09-03+6,727→ 93,554 total
Award
Common Stock
2015-09-03+12,066→ 105,620 total
Exercise/Conversion
Stock Options (right to buy)
2015-09-03−29,278→ 0 total
Exercise: $52.61Exp: 2018-02-23→ Common Stock (29,278 underlying)
Exercise/Conversion
Common Stock
2015-09-03$52.61/sh+29,278$1,540,316→ 168,513 total
Disposition to Issuer
Common Stock
2015-09-03$90.00/sh−300,711$27,063,990→ 0 total
Exercise/Conversion
Stock Options (right to buy)
2015-09-03−44,715→ 0 total
Exercise: $28.95Exp: 2020-02-26→ Common Stock (44,715 underlying)
Disposition to Issuer
Common Stock
2015-09-03$90.00/sh−9,706.975$873,628→ 0 total(indirect: By 401(k))
Exercise/Conversion
Common Stock
2015-09-03$49.64/sh+33,615$1,668,649→ 139,235 total
Exercise/Conversion
Stock Options (right to buy)
2015-09-03−54,890→ 0 total
Exercise: $35.36Exp: 2019-02-28→ Common Stock (54,890 underlying)
Exercise/Conversion
Stock Options (right to buy)
2015-09-03−32,593→ 0 total
Exercise: $42.70Exp: 2021-02-25→ Common Stock (32,593 underlying)
Award
Common Stock
2015-09-03+12,371→ 86,827 total
Exercise/Conversion
Common Stock
2015-09-03$28.95/sh+44,715$1,294,499→ 268,118 total
Exercise/Conversion
Stock Options (right to buy)
2015-09-03−33,615→ 0 total
Exercise: $49.64Exp: 2017-02-10→ Common Stock (33,615 underlying)
Exercise/Conversion
Common Stock
2015-09-03$35.36/sh+54,890$1,940,910→ 223,403 total
Exercise/Conversion
Common Stock
2015-09-03$42.70/sh+32,593$1,391,721→ 300,711 total

Footnotes (9)

[F1]Share balance held in the Hospira 401(k) Retirement Savings Plan as of September 2, 2015.
[F2]Vesting of performance share units for the 2013-2015 performance cycle. The award provided for vesting based on achievement of total shareholder return over a three year performance period relative to the performance of a pre-established peer group, or upon a change of control. Thus, the units vested on September 3, 2015.
[F3]Vesting of performance share units for the 2014-2016 performance cycle. The award provided for vesting based on achievement of total shareholder return over a three year performance period relative to the performance of a pre-established peer group, or upon a change of control. Thus, the units vested on September 3, 2015.
[F4]Vesting of a performance-contingent restricted stock units award granted February 27, 2013. The units were earned when Hospira's stock price appreciated 20% over the fair market value on the date of grant, and maintained that price for a 30 consecutive trading day period (based on Hospira's closing market price on those 30 consecutive days). Since the units were earned, the award provided for three-year time based cliff vesting, or upon a change of control. Thus, vesting of the units was accelerated upon a change of control.
[F5]Exercise of stock options granted on 2/11/2010, which vested in three equal installments on February 11, 2011, 2012 and 2013.
[F6]Exercise of stock options granted on 2/24/2011, which vested in four equal installments on February 24, 2012, 2013, 2014 and 2015.
[F7]Exercise of stock options granted on 3/1/2012, which vest in four equal installments on March 1, 2013, 2014, 2015, and 2016. The vesting of the last tranche of options was accelerated in connection with the change of control.
[F8]Exercise of stock options granted on 2/27/2013, which vest in four annual installments on February 27, 2014, 2015, 2016 and 2017. The vesting of the last two tranches of options was accelerated in connection with the change of control.
[F9]Exercise of stock options granted on 2/26/2014, which vest in four annual installments on February 26, 2015, 2016, 2017 and 2018. The vesting of the last three tranches of options was accelerated in connection with the change of control.

Documents

1 file

4
edgar.xmlPrimary
FORM 4 -

Issuer

HOSPIRA INC

CIK 0001274057

→

Entity typeoperating

IncorporatedDE

Related Parties

filerCIK 0001274057

Filing Metadata

Form type: 4
Filed: Sep 2, 8:00 PM ET
Accepted: Sep 3, 11:48 AM ET
Size: 29.6 KB

View on SEC.gov