SEC Form 5 · accession 0001179110-15-000599
HOSPIRA INC · HSP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Matthew R Stober
Officer — SVP, Operations
Period of report
Dec 19, 2014
Accepted (ET)
Jan 7, 2015 · 12:27 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001274057
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF2,F1 | — | Dec 19, 2014 | A | 633 | A | — | — | Common Stock | 633 | 2,097 | D |
Explanation of responses
- F1These phantom shares 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, change in control, or his separation from service, death or disability. The shares are acquired each pay period based on the closing price of the common stock the day the contributions were credited to the reporting person's account.
- F2The shares are acquired each pay period based on the closing price of the common stock the day the contributions were credited to the reporting person's account. The shares were accrued on various dates during 2014, pursuant to the Hospira Non-Qualified Savings and Investment Plan, at prices ranging from $42.6602-$62.2385.