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ABBOTT LABORATORIES — Director's Dealing 2023
Jul 5, 2023
29777_dirs_2023-07-05_f337b5e3-276f-487c-8e6f-08ea3e6a03ad.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: ABBOTT LABORATORIES (ABT)
CIK: 0000001800
Period of Report: 2023-06-30
Reporting Person: Morrone Louis H. (EXECUTIVE VICE PRESIDENT)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-06-30 | Common shares without par value | A | 1815 | — | Acquired | 55471 | Direct |
| 2023-07-01 | Common shares without par value | F | 556 | $109.02 | Disposed | 54915 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-06-30 | Option (right to buy) | $108.52 | A | 7100 | Acquired | 2033-06-29 | Common Shares (7100) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common shares without par value | 2481 | Indirect |
Footnotes
F1: These shares represent a performance-based restricted stock award under the Abbott Laboratories 2017 Incentive Stock Program. The award has a 3-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 award includes the right to have shares withheld for tax purposes.
F2: Balance in the Abbott Laboratories Stock Retirement Trust as of June 30, 2023.
F3: Employee stock option granted pursuant to the Abbott Laboratories 2017 Incentive Stock Program in a transaction exempt from Section 16 under Rule 16b-3. The option becomes exercisable in annual increments of 2,366 on June 30, 2024, 2,367 on June 30, 2025, and 2,367 on June 30, 2026.