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Medtronic plc — Director's Dealing 2022
Aug 3, 2022
29841_dirs_2022-08-03_8a6fff19-13c4-421b-a963-ee436cb8a4b4.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: 2022-08-01
Reporting Person: Fong Ivan K (EVP GENERAL COUNSEL & SECR)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-08-01 | Ordinary Shares | A | 6941 | — | Acquired | 37722 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-08-01 | Performance Share Units | $ | A | 17351 | Acquired | Performance Share Units (17351) | Direct | |
| 2022-08-01 | Stock Option (Right to Buy) | $93.08 | A | 54849 | Acquired | 2032-08-01 | Ordinary Shares (54849) | Direct |
Footnotes
F1: The restrictions on the award shall lapse 100% on the third anniversary of the Grant Date.
F2: This balance increased by 410 shares due to exempt transactions such as dividend reinvestment.
F3: Each performance share unit represents a contingent right to receive one share of Medtronic common stock.
F4: 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, 17,351 shares will be issued. If minimum performance metrics are not met, such PSUs may vest at 0 shares.
F5: Vests on August 1, 2025.
F6: These options become exercisable at the rate of 25% of the shares granted per year beginning on the first anniversary of grant.