FORM 4
[ X ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Ball F Michael 		2. Issuer Name and Ticker or Trading Symbol

HOSPIRA INC [ HSP ] 		5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
Chief Executive Officer
(Last)          (First)          (Middle)

275 NORTH FIELD DRIVE 		3. Date of Earliest Transaction (MM/DD/YYYY)

9/3/2015
(Street)

LAKE FOREST, IL 60045
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 		2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8) 		4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock   9/3/2015     A (1)    36691   A $000   361441   D    
Common Stock   9/3/2015     A (2)    65227   A $000   426668   D    
Common Stock   9/3/2015     A (3)    48263   A $000   474931   D    
Common Stock   9/3/2015     M (4)    152458   A $55.29   627389   D    
Common Stock   9/3/2015     M (5)    231537   A $35.36   858926   D    
Common Stock   9/3/2015     M (6)    140000   A $35.36   998926   D    
Common Stock   9/3/2015     M (7)    235772   A $28.95   1234698   D    
Common Stock   9/3/2015     M (8)    177778   A $42.70   1412476   D    
Common Stock   9/3/2015     D    1412476   D $90.00   0   D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3) 		2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8) 		5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4) 		8. Price of Derivative Security
(Instr. 5) 		9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Options (right to buy)   $55.29   9/3/2015     M         152458      (4) 3/30/2018   Common Stock   152458   $0   0   D    
Stock Options (right to buy)   $35.36   9/3/2015     M         231537      (5) 2/28/2019   Common Stock   231537   $0   0   D    
Stock Options (right to buy)   $35.36   9/3/2015     M         140000      (6) 2/28/2017   Common Stock   140000   $0   0   D    
Stock Options (right to buy)   $28.95   9/3/2015     M         235772      (7) 2/26/2020   Common Stock   235772   $0   0   D    
Stock Options (right to buy)   $42.70   9/3/2015     M         177778      (8) 2/25/2021   Common Stock   177778   $0   0   D    

Explanation of Responses:
( 1)  Vesting of performance share units for the 2014-2016 performance cycle. The award provided for vesting based on achievement of total shareholder return over a three year performance period relative to the performance of a pre-established peer group, or upon a change of control. Thus, the units vested on September 3, 2015.
( 2)  Vesting of performance share units for the 2013-2015 performance cycle. The award provided for vesting based on achievement of total shareholder return over a three year performance period relative to the performance of a pre-established peer group, or upon a change of control. Thus, the units vested on September 3, 2015.
( 3)  Vesting of a performance-contingent restricted stock units award granted February 27, 2013. The units were earned when Hospira's stock price appreciated 20% over the fair market value on the date of grant, and maintained that price for a 30 consecutive trading day period (based on Hospira's closing market price on those 30 consecutive days). Since the units were earned, the award provided for three-year time based cliff vesting, or a change of control. Thus, vesting of the units was accelerated upon a change of control.
( 4)  Exercise of stock options granted on 3/31/2011, which vested in three equal installments on March 31, 2012, 2013 and 2014.
( 5)  Exercise of 231,537 stock options granted on 3/1/2012, which vested in four equal installments on March 1, 2013, 2014, 2015, and 2016. The vesting of the last tranche of options was accelerated in connection with the change of control.
( 6)  Exercise of 140,000 performance stock options granted on 3/1/2012, which had a five year term. The options vested and became exercisable when the average stock price over a thirty consecutive day period was at or above the vesting trigger price. For half of the options, the vesting trigger price was $42.26, which was based on the closing stock price on March 1, 2012 plus 19%. For the other half of the options, the vesting trigger price was $47.58, which was based on the closing stock price on March 1, 2012 plus 34%.
( 7)  Exercise of stock options granted on 2/27/2013, which vest in four annual installments on February 27, 2014, 2015, 2016 and 2017. The vesting of the last two tranches of options was accelerated in connection with the change of control.
( 8)  Exercise of stock options granted on 2/26/2014, which vest in four annual installments on February 26, 2015, 2016, 2017 and 2018. The vesting of the last three tranches of options was accelerated in connection with the change of control.

Remarks:
Updating Power of Attorney to reflect changes in staff.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Ball F Michael
275 NORTH FIELD DRIVE
LAKE FOREST, IL 60045 		X
Chief Executive Officer

Signatures
Koreen A. Ryan, Attorney in Fact 9/3/2015
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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