SEC Form 4 · accession 0001179110-15-002767
HOSPIRA INC · HSP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas E Werner
Officer — SVP, Finance & CFO
Period of report
Feb 17, 2015
Accepted (ET)
Feb 18, 2015 · 1:36 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001274057
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 17, 2015 | M | 1,566 | $43.18 | A | 56,180 | D | |
| Common Stock | Feb 17, 2015 | S | 1,566 | $87.35 | D | 54,614 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (Right to Buy)F2 | $43.18 | Feb 17, 2015 | M | 1,566 | D | — | Mar 5, 2015 | Common Stock | 1,566 | 0 | D |
Explanation of responses
- F1Exercise of derivative security exempted pursuant to Rule 16b-3.
- F2The stock options vest in three equal annual installments on March 6, 2009, 2010, and 2011. The exercise price of $43.18 is the average of the high and low trading prices of Hospira common stock on the date of grant. The stock options have a seven-year term, which expire on March 5, 2015.
Remarks
Traded pursuant to a 10b5-1 plan.