4//SEC Filing
HOSPIRA INC 4
Accession 0001179110-15-012986
CIK 0001274057operating
Filed
Sep 2, 8:00 PM ET
Accepted
Sep 3, 12:06 PM ET
Size
26.3 KB
Accession
0001179110-15-012986
Insider Transaction Report
Form 4
HOSPIRA INCHSP
Stober Matthew R
SVP, Operations
Transactions
- Award
Common Stock
2015-09-03+9,173→ 87,555 total - Disposition to Issuer
Common Stock
2015-09-03$90.00/sh−2,323.279$209,095→ 0 total(indirect: Phantom Stock held in deferred compensation plan) - Award
Common Stock
2015-09-03+15,744→ 78,382 total - Award
Common Stock
2015-09-03+12,066→ 99,621 total - Disposition to Issuer
Common Stock
2015-09-03$90.00/sh−166,401$14,976,090→ 0 total - Exercise/Conversion
Phantom Shares
2015-09-03−2,283→ 0 total→ Common Stock (2,283 underlying) - Exercise/Conversion
Stock Options (right to buy)
2015-09-03−28,457→ 0 totalExercise: $28.95Exp: 2020-02-26→ Common Stock (28,457 underlying) - Exercise/Conversion
Common Stock
2015-09-03+2,323.279→ 2,323.279 total(indirect: Phantom Stock held in deferred compensation plan) - Exercise/Conversion
Stock Options (right to buy)
2015-09-03−33,333→ 0 totalExercise: $42.70Exp: 2021-02-25→ Common Stock (33,333 underlying) - Exercise/Conversion
Common Stock
2015-09-03$35.36/sh+4,990$176,446→ 104,611 total - Exercise/Conversion
Common Stock
2015-09-03$28.95/sh+28,457$823,830→ 133,068 total - Exercise/Conversion
Common Stock
2015-09-03$42.70/sh+33,333$1,423,319→ 166,401 total - Exercise/Conversion
Stock Options (right to buy)
2015-09-03−4,990→ 0 totalExercise: $35.36Exp: 2019-02-28→ Common Stock (4,990 underlying)
Footnotes (7)
- [F1]Conversion of phantom shares that were acquired under Hospira's Non-Qualified Savings and Investment Plan, a non-qualified deferred compensation plan. Each share of phantom stock is the economic equivalent of one share of common stock. The vested shares of phantom stock become payable in cash, based upon the account balance at the time of distribution upon the earlier of a date specified by the reporting person or upon a change in control.
- [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 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.
- [F6]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.
- [F7]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
Issuer
HOSPIRA INC
CIK 0001274057
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001274057
Filing Metadata
- Form type
- 4
- Filed
- Sep 2, 8:00 PM ET
- Accepted
- Sep 3, 12:06 PM ET
- Size
- 26.3 KB