HOSPIRA INC 4

Accession 0001179110-15-012976

CIK 0001274057operating

View on SEC.gov Company Profile

Filed

Sep 2, 8:00 PM ET

Accepted

Sep 3, 11:49 AM ET

Size

24.4 KB

Accession

0001179110-15-012976

Insider Transaction Report

Form 4

Period: 2015-09-03

HOSPIRA INCHSP

Hoffman Richard J

VP, Corp. Controller & CAO

Transactions

Exercise/Conversion
Stock Option (right to buy)
2015-09-03−24,950→ 0 total
Exercise: $35.36Exp: 2019-02-28→ Common Stock (24,950 underlying)
Exercise/Conversion
Common Stock
2015-09-03$52.61/sh+8,133$427,877→ 56,136 total
Exercise/Conversion
Common Stock
2015-09-03$42.70/sh+22,222$948,879→ 133,796 total
Exercise/Conversion
Common Stock
2015-09-03$35.36/sh+24,950$882,232→ 81,086 total
Disposition to Issuer
Common Stock
2015-09-03$90.00/sh−133,796$12,041,640→ 0 total
Exercise/Conversion
Stock Option (right to buy)
2015-09-03−30,488→ 0 total
Exercise: $28.95Exp: 2020-02-26→ Common Stock (30,488 underlying)
Exercise/Conversion
Stock Option (right to buy)
2015-09-03−22,222→ 0 total
Exercise: $42.70Exp: 2021-02-25→ Common Stock (22,222 underlying)
Award
Common Stock
2015-09-03+4,826→ 39,557 total
Exercise/Conversion
Common Stock
2015-09-03$49.64/sh+8,446$419,259→ 48,003 total
Exercise/Conversion
Common Stock
2015-09-03$28.95/sh+30,488$882,628→ 111,574 total
Exercise/Conversion
Stock Option (right to buy)
2015-09-03−8,446→ 0 total
Exercise: $49.64Exp: 2017-02-10→ Common Stock (8,446 underlying)
Exercise/Conversion
Stock Option (right to buy)
2015-09-03−8,133→ 0 total
Exercise: $52.61Exp: 2018-02-23→ Common Stock (8,133 underlying)

Footnotes (6)

[F1]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.
[F2]Exercise of stock options granted on 2/11/2010, which vested in three equal installments on February 11, 2011, 2012 and 2013.
[F3]Exercise of stock options granted on 2/24/2011, which vested in four equal installments on February 24, 2012, 2013, 2014 and 2015
[F4]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.
[F5]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.
[F6]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, 11:49 AM ET
Size: 24.4 KB

View on SEC.gov