SEC Form 4 · accession 0001179110-16-019895
ABBOTT LABORATORIES · ABT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Deepak S. Nath
Officer — Senior Vice President
Period of report
Feb 19, 2016
Accepted (ET)
Feb 23, 2016 · 5:44 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000001800
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common shares without par valueF1 | Feb 19, 2016 | A | 16,601 | $0.00 | A | 51,542 | D | |
| Common shares without par value | Feb 21, 2016 | F | 819 | $38.53 | D | 50,723 | D | |
| Common shares without par value | Feb 22, 2016 | S | 19 | $39.0942 | D | 50,704 | D | |
| Common shares without par value | Feb 22, 2016 | S | 300 | $39.095 | D | 50,404 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option (right to buy)F2 | $38.40 | Feb 19, 2016 | A | 145,547 | A | Feb 19, 2017 | Feb 18, 2026 | Common shares | 145,547 | 145,547 | D |
Explanation of responses
- F1These shares represent performance vested restricted stock awards under the Abbott Laboratories 2009 Incentive Stock Program. The awards have a 5-year term, with no more than 1/3 of the award vesting in any one year upon Abbott reaching a minimum return on equity target. The awards include the right to have stock withheld for tax purposes.
- F2Employee stock option granted pursuant to the Abbott Laboratories 2009 Incentive Stock Program in a transaction exempt from Section 16 under Rule 16b-3. The option becomes exercisable in annual increments of 48,516 on 02/19/2017, 48,515 on 02/19/2018, and 48,516 on 02/19/2019.