4//SEC Filing
HOSPIRA INC 4
Accession 0001179110-15-013011
CIK 0001274057operating
Filed
Sep 2, 8:00 PM ET
Accepted
Sep 3, 2:22 PM ET
Size
20.3 KB
Accession
0001179110-15-013011
Insider Transaction Report
Form 4
HOSPIRA INCHSP
Ramachandra Sumant
Senior Vice President and CSO
Transactions
- Disposition to Issuer
Common Stock
2015-09-03$90.00/sh−271$24,390→ 0 total(indirect: By 401(k)) - Award
Common Stock
2015-09-03+17,142→ 91,373 total - Award
Common Stock
2015-09-03+12,230→ 103,603 total - Exercise/Conversion
Common Stock
2015-09-03$37.36/sh+58,531$2,186,718→ 171,235 total - Exercise/Conversion
Stock Options (right to buy)
2015-09-03−58,531→ 0 totalExercise: $37.36Exp: 2020-06-28→ Common Stock (58,531 underlying) - Gift
Common Stock
2015-08-14−14,922→ 74,231 total - Exercise/Conversion
Common Stock
2015-09-03$42.70/sh+59,259$2,530,359→ 230,494 total - Award
Common Stock
2015-09-03+9,101→ 112,704 total - Disposition to Issuer
Common Stock
2015-09-03$90.00/sh−230,494$20,744,460→ 0 total - Exercise/Conversion
Stock Options (right to buy)
2015-09-03−59,259→ 0 totalExercise: $42.70Exp: 2021-02-25→ Common Stock (59,259 underlying)
Footnotes (7)
- [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 June 28, 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 2/27/2013, 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.
- [F7]Transfer of 14,922 shares of Hospira, Inc. common stock from Sumant Ramachandra's revocable trust to his spouse'a trust, Leena Ramachandra's revocable trust.
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, 2:22 PM ET
- Size
- 20.3 KB