SEC Form 4 · accession 0000721371-16-000288
CARDINAL HEALTH INC · CAH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jon L Giacomin
Officer — CEO, Pharmaceutical Segment
Period of report
Aug 15, 2016
Accepted (ET)
Aug 17, 2016 · 4:31 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000721371
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Shares | Aug 15, 2016 | A | 11,420 | $0.00 | A | 44,598 | D | |
| Common SharesF3 | Aug 15, 2016 | F | 4,013 | $83.60 | D | 40,585 | D | |
| Common Shares | Aug 16, 2016 | M | 13,654 | $27.29 | A | 54,239 | D | |
| Common Shares | Aug 16, 2016 | M | 16,100 | $27.29 | A | 70,339 | D | |
| Common Shares | Aug 16, 2016 | M | 9,927 | $30.94 | A | 80,266 | D | |
| Common SharesF4 | Aug 16, 2016 | S | 47,251 | $82.77 | D | 33,015 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F5 | $83.19 | Aug 15, 2016 | A | 56,814 | A | — | Aug 15, 2026 | Common Shares | 56,814 | 56,814 | D |
| Employee Stock Option (right to buy)F6 | $27.29 | Aug 16, 2016 | M | 13,654 | D | — | Sep 15, 2016 | Common Shares | 13,654 | 0 | D |
| Employee Stock Option (right to buy)F7 | $27.29 | Aug 16, 2016 | M | 16,100 | D | — | Sep 15, 2016 | Common Shares | 16,100 | 0 | D |
| Employee Stock Option (right to buy)F8 | $30.94 | Aug 16, 2016 | M | 9,927 | D | — | Aug 16, 2017 | Common Shares | 9,927 | 0 | D |
Explanation of responses
- F1Grant of restricted share units ("RSUs") that vest in three equal annual installments beginning on August 15, 2017.
- F2Represents withholding of shares to satisfy tax withholding obligations of the reporting person in connection with the vesting of 5,254 RSUs and 6,878 performance share units.
- F3Reflects closing price on prior business day.
- F4The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $82.70 to $82.96, inclusive. The reporting person undertakes to provide to Cardinal Health, Inc., any security holder of Cardinal Health, Inc., 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 set forth in footnote 4 to this Form 4.
- F5Stock option vests in three equal annual installments beginning on August 15, 2017.
- F6The option, representing a right to purchase a total of 48,981 shares, vested and became exercisable in three equal annual installments beginning on September 15, 2010.
- F7The option, representing a right to purchase a total of 46,649 shares, vested and became exercisable in three equal annual installments beginning on September 15, 2010.
- F8The option, representing a right to purchase a total of 9,927 shares, vested and became exercisable in three equal annual installments beginning on August 16, 2011.