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Medtronic plc — Director's Dealing 2021
Aug 5, 2021
29841_dirs_2021-08-04_64b9a7a5-e940-487e-a2a9-9fff4d8a28ec.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: 2021-08-02
Reporting Person: Kuntz Richard (SVP & Chief Medical & Science)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-08-02 | Ordinary Shares | F | 4905 | $131.31 | Disposed | 69886 | Direct |
| 2021-08-02 | Ordinary Shares | A | 5029 | — | Acquired | 74915 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-08-02 | Stock Option (Right to Buy) | $131.26 | A | 42961 | Acquired | 2031-08-02 | Ordinary Shares (42961) | Direct |
| 2021-08-02 | Stock Option (Right to Buy) | $131.26 | A | 1085 | Acquired | 2031-08-02 | Ordinary Shares (1085) | Direct |
| 2021-08-02 | Performance Share Units | $ | A | 12571 | Acquired | Performance Share Units (12571) | Direct |
Footnotes
F1: This balance increased by 782 shares due to exempt transactions such as dividend reinvestment.
F2: The restrictions on the award shall lapse 100% on the third anniversary of the Grant Date.
F3: These options become exercisable at the rate of 25% of the shares granted per year beginning on the first anniversary of grant.
F4: Each performance share unit represents a contingent right to receive one share of Medtronic common stock.
F5: 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, 12,571 shares will be issued. The actual number of shares to be issued could range from a low of 2,515 at minimum performance to a high of 25,142 shares at maximum performance. If minimum performance metrics are not met, such PSUs may vest at 0 shares.
F6: Vests on August 2, 2024.