SEC Form 4 · accession 0001209191-16-104399
Mead Johnson Nutrition Co · MJN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dirk Hondmann
Officer — SVP & Chief Scientific Officer
Period of report
Feb 29, 2016
Accepted (ET)
Mar 2, 2016 · 4:05 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001452575
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 29, 2016 | M | 3,910 | $0.00 | A | 17,168 | D | |
| Common StockF1 | Feb 29, 2016 | F | 1,234 | $73.76 | D | 15,934 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance SharesF3,F2 | — | Feb 29, 2016 | M | 3,910 | D | Feb 29, 2016 | Feb 29, 2016 | Common Stock | 3,910 | 0 | D |
| Stock Option (Right to Buy)F3,F4 | $73.76 | Feb 29, 2016 | A | 17,666 | A | — | Feb 28, 2026 | Common Stock | 17,666 | 17,666 | D |
| Stock Option (Right to Buy)F3,F5 | $73.76 | Feb 29, 2016 | A | 15,000 | A | — | Feb 28, 2026 | Common Stock | 15,000 | 15,000 | D |
| Restricted Stock Unit (RSU)F3,F6 | — | Feb 29, 2016 | A | 2,612 | A | Feb 29, 2020 | Feb 29, 2020 | Common Stock | 2,612 | 2,612 | D |
Explanation of responses
- F1Represents shares of common stock withheld for payment of taxes upon the vesting of performance shares.
- F2Each performance share represents the contingent right to receive one share of common stock. This transaction represents the settlement of vested performance shares in shares of common stock.
- F3The derivative securities were granted to the reporting person, and were not sold to the reporting person. As such, the reporting person did not pay any consideration for the derivative securities.
- F4One-third of the stock option will vest on each of the first, second and third anniversaries of the grant date.
- F525% of the stock option will vest on each of the first, second, third and fourth anniversaries of the grant date.
- F6Each restricted stock unit represents the contingent right to receive one share of common stock.