HOSPIRA INC 4

Accession 0001179110-15-012977

CIK 0001274057operating

View on SEC.gov Company Profile

Filed

Sep 2, 8:00 PM ET

Accepted

Sep 3, 11:49 AM ET

Size

22.6 KB

Accession

0001179110-15-012977

Insider Transaction Report

Form 4

Period: 2015-09-03

HOSPIRA INCHSP

Kaufman Zena G.

Senior Vice President, Quality

Transactions

Award
Common Stock
2015-09-03+12,066→ 70,572 total
Exercise/Conversion
Common Stock
2015-09-03$35.36/sh+40,918$1,446,860→ 111,490 total
Exercise/Conversion
Common Stock
2015-09-03$28.95/sh+30,488$882,628→ 141,978 total
Disposition to Issuer
Common Stock
2015-09-03$90.00/sh+171,608$15,444,720→ 0 total
Exercise/Conversion
Stock Options (right to buy)
2015-09-03−40,918→ 0 total
Exercise: $35.36Exp: 2019-02-28→ Common Stock (40,918 underlying)
Exercise/Conversion
Stock Options (right to buy)
2015-09-03−29,630→ 0 total
Exercise: $42.70Exp: 2021-02-25→ Common Stock (29,630 underlying)
Award
Common Stock
2015-09-03+8,435→ 52,391 total
Award
Common Stock
2015-09-03+6,115→ 58,506 total
Exercise/Conversion
Common Stock
2015-09-03$42.70/sh+29,630$1,265,201→ 171,608 total
Exercise/Conversion
Stock Options (right to buy)
2015-09-03−30,488→ 0 total
Exercise: $28.95Exp: 2020-02-26→ Common Stock (30,488 underlying)

Footnotes (6)

[F1]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.
[F2]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.
[F3]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 vesting upon a change of control. Thus, vesting of the units was accelerated upon a change of control.
[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

2 files

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: 22.6 KB

View on SEC.gov