SEC Form 4 · accession 0001179110-15-004131
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
Mar 2, 2015
Accepted (ET)
Mar 3, 2015 · 7:30 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 | Mar 2, 2015 | M | 4,990 | $35.36 | A | 89,087 | D | |
| Common Stock | Mar 2, 2015 | S | 2,545 | $87.488 | D | 86,542 | D | |
| Common Stock | Mar 2, 2015 | S | 1,326 | $87.49 | D | 85,216 | D | |
| Common Stock | Mar 2, 2015 | S | 1,119 | $87.49 | D | 84,097 | D | |
| Common StockF3 | Mar 2, 2015 | S | 16,843 | $87.489 | D | 67,254 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F2 | $35.36 | Mar 2, 2015 | M | 4,990 | A | Mar 1, 2015 | Feb 28, 2019 | Common Stock | 4,990 | 4,990 | 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 1,2013, 2014 and 2015. The exercise price of $35.36 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 February 28, 2019.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $87.49 to $87.49, inclusive. The reporting person undertakes to provide to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range of prices set forth in this footnote.
Remarks
Traded pursuant to a 10b5-1 plan.