LIFEPOINT HOSPITALS, INC. 4
4 · LIFEPOINT HOSPITALS, INC. · Filed Feb 25, 2015
Insider Transaction Report
Form 4
GILBERT PAUL D
EVP, Chief Legal Officer
Transactions
- Tax Payment
Common
2015-02-23$70.18/sh−6,330$444,239→ 13,670 total - Award
Non-Qualified Stock Options (Right to buy)
2015-02-24+40,000→ 40,000 totalExercise: $71.00Exp: 2025-02-24→ Common (40,000 underlying) - Award
Restricted Stock Units
2015-02-24+10,000→ 27,000 totalExercise: $0.00→ Common (10,000 underlying)
Holdings
- 288.109(indirect: By Retirement Plan)
Common
Footnotes (3)
- [F1]Pursuant to the terms of the Company's 1998 Long-Term Incentive Plan, these shares were automatically withheld for payment of the tax liability incident to the vesting of a restricted stock award.
- [F2]The options vest in three equal installments beginning on the first anniversary of the date of grant.
- [F3]The Performance Period with respect to these restricted stock units (RSUs) is January 1, 2015 through December 31, 2017. Each RSU represents the right to receive, upon vesting, one share of the Issuer's common stock. Vesting of these performance-based RSUs is contingent upon the Issuer's three-year annualized total shareholder return or TSR as of December 31, 2017 relative to the S&P GICS Sub-industry: Health Care Facilities with over $500 million in revenues, or its equivalent.