Home/Filings/4/0001214659-21-013211
4//SEC Filing

Bodem Barbara W. 4

Accession 0001214659-21-013211

CIK 0000047518other

Filed

Dec 14, 7:00 PM ET

Accepted

Dec 15, 8:40 PM ET

Size

25.9 KB

Accession

0001214659-21-013211

Insider Transaction Report

Form 4
Period: 2021-12-13
Bodem Barbara W.
SVP, Chief Financial Officer
Transactions
  • Disposition to Issuer

    Employee Stock Option (Right to Buy)

    2021-12-13$61.86/sh17,935$1,109,4590 total
    Exercise: $94.14Exp: 2030-11-11Common Stock (17,935 underlying)
  • Disposition to Issuer

    Restricted Stock Units (11/06/2019)

    2021-12-131,2530 total
    Common Stock (1,253 underlying)
  • Disposition to Issuer

    Employee Stock Option (Right to Buy)

    2021-12-13$57.24/sh10,272$587,9690 total
    Exercise: $98.76Exp: 2028-12-03Common Stock (10,272 underlying)
  • Disposition to Issuer

    Common Stock

    2021-12-1314,039.7590 total
  • Disposition to Issuer

    Employee Stock Option (Right to Buy)

    2021-12-13$52.89/sh15,491$819,3190 total
    Exercise: $103.11Exp: 2029-11-06Common Stock (15,491 underlying)
  • Disposition to Issuer

    Performance-Based Restricted Stock Units (11/06/2019)

    2021-12-137,4520 total
    Common Stock (7,452 underlying)
  • Disposition to Issuer

    Performance-Based Restricted Stock Units (11/11/2020)

    2021-12-139,0910 total
    Common Stock (9,091 underlying)
  • Disposition to Issuer

    Restricted Stock Units (11/11/2020)

    2021-12-133,0260 total
    Common Stock (3,026 underlying)
  • Disposition to Issuer

    Restricted Stock Units (11/10/2021)

    2021-12-1313,9510 total
    Common Stock (13,951 underlying)
Footnotes (12)
  • [F1]Amount of securities beneficially owned at the end of the reporting period includes 718.759 shares held in the Hill-Rom Holdings, Inc. Employee Stock Purchase Plan.
  • [F10]Pursuant to the Merger Agreement, these restricted stock units, which provided for vesting in three equal installments beginning November 7, 2020, were cancelled in exchange for a cash payment of $156.00 per unvested share of underlying common stock.
  • [F11]Pursuant to the Merger Agreement, these restricted stock units, which provided for vesting in three equal installments beginning November 12, 2021, were cancelled in exchange for a cash payment of $156.00 per unvested share of underlying common stock.
  • [F12]Pursuant to the Merger Agreement, these restricted stock units, which provided for vesting in three equal installments beginning November 11, 2022, were assumed by Baxter in the merger and converted into a number of restricted stock units granted by Baxter, that relate to shares of Baxter common stock, determined by multiplying the number of restricted stock units by the quotient obtained by dividing (A) 156.00 by (B) the average closing price, rounded down to the nearest cent, per share of Hill-Rom Holdings, Inc. common stock on the New York Stock Exchange for the consecutive period of ten (10) trading days immediately preceding (but not including) the last trading day prior to the closing date of the merger.
  • [F2]Disposed of pursuant to the Merger Agreement between Hill-Rom Holdings, Inc., Baxter International Inc. ("Baxter"), and a wholly-owned subsidiary of Baxter (the "Merger Agreement") in exchange for a cash payment of $156.00 per share of common stock.
  • [F3]Pursuant to the Merger Agreement, these options, which provided for vesting in four equal installments beginning on December 3, 2019, were cancelled in exchange for a cash payment representing the difference between $156.00 and the exercise price of each share of underlying common stock.
  • [F4]Pursuant to the Merger Agreement, these options, which provided for vesting in four equal installments beginning on November 6, 2020, were cancelled in exchange for a cash payment representing the difference between $156.00 and the exercise price of each share of underlying common stock.
  • [F5]Pursuant to the Merger Agreement, these options, which provided for vesting in four equal installments beginning on November 11, 2021, were cancelled in exchange for a cash payment representing the difference between $156.00 and the exercise price of each share of underlying common stock.
  • [F6]Each performance-based restricted stock unit represents a contingent right to receive one share of Hill-Rom Holdings, Inc. common stock.
  • [F7]Pursuant to the Merger Agreement, these performance-based restricted stock units, which were granted November 6, 2019, were cancelled in exchange for a cash payment of $156.00 per share of underlying common stock and applicable performance conditions were deemed to be achieved at 146.0% of the target performance level.
  • [F8]Pursuant to the Merger Agreement, these performance-based restricted stock units, which were granted November 11, 2020, were cancelled in exchange for a cash payment of $156.00 per share of underlying common stock and applicable performance conditions were deemed to be achieved at 187.5% of the target performance level.
  • [F9]Each restricted stock unit represents a contingent right to receive one share of Hill-Rom Holdings, Inc. common stock.

Issuer

Hill-Rom Holdings, Inc.

CIK 0000047518

Entity typeother

Related Parties

1
  • filerCIK 0001713893

Filing Metadata

Form type
4
Filed
Dec 14, 7:00 PM ET
Accepted
Dec 15, 8:40 PM ET
Size
25.9 KB