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Medtronic plc — Director's Dealing 2020
Oct 15, 2020
29841_dirs_2020-10-14_5db90d89-72c1-403d-967d-ff843fa82476.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Medtronic plc (MDT)
CIK: 0001613103
Period of Report: 2020-10-09
Reporting Person: Lerman Bradley E (SVP General Counsel & Corp Sec)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-10-09 | Performance Share Units | $ | A | 18173 | Acquired | Performance Share Units (18173) | Direct |
Footnotes
F1: Each performance share unit represents a contingent right to receive one share of Medtronic common stock.
F2: The number of shares to be issued in connection with the performance share units ("PSUs") will vary depending on the level of certain performance metrics achieved over a three (3) year performance period. If target performance metrics are achieved, 18,173 shares will be issued. The actual number of shares to be issued could range from a low of 3,635 at minimum performance to a high of 36,346 shares at maximum performance. If minimum performance metrics are not met, such PSUs may vest at 0 shares.
F3: Vests on August 3, 2023.