4//SEC Filing
Lerman Bradley E 4
Accession 0001127602-21-023101
CIK 0001613103other
Filed
Aug 3, 8:00 PM ET
Accepted
Aug 4, 6:18 PM ET
Size
15.1 KB
Accession
0001127602-21-023101
Insider Transaction Report
Form 4
Lerman Bradley E
SVP General Counsel & Corp Sec
Transactions
- Award
Ordinary Shares
2021-08-02+6,019→ 48,763 total - Sale
Ordinary Shares
2021-08-02$131.52/sh−4,000$526,080→ 48,194 total - Tax Payment
Ordinary Shares
2021-08-02$131.31/sh−5,450$715,640→ 42,744 total - Award
Stock Option (Right to Buy)
2021-08-02+51,423→ 51,423 totalExercise: $131.26From: 2022-08-02Exp: 2031-08-02→ Ordinary Shares (51,423 underlying) - Award
Stock Option (Right to Buy)
2021-08-02+1,085→ 1,085 totalExercise: $131.26From: 2022-08-02Exp: 2031-08-02→ Ordinary Shares (1,085 underlying) - Award
Performance Share Units
2021-08-02+15,047→ 15,047 total→ Performance Share Units (15,047 underlying)
Footnotes (7)
- [F1]This transaction was effected pursuant to a Rule 10b5-1 trading plan.
- [F2]This balance increased by 651 shares due to exempt transactions such as dividend reinvestment and employee stock purchase plan.
- [F3]The restrictions on the award shall lapse 100% on the third anniversary of the Grant Date.
- [F4]These options become exercisable at the rate of 25% of the shares granted per year beginning on the first anniversary of grant.
- [F5]Each performance share unit represents a contingent right to receive one share of Medtronic common stock.
- [F6]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, 15,047 shares will be issued. The actual number of shares to be issued could range from a low of 3,010 at minimum performance to a high of 30,094 shares at maximum performance. If minimum performance metrics are not met, such PSUs may vest at 0 shares.
- [F7]Vests on August 2, 2024.
Documents
Issuer
Medtronic plc
CIK 0001613103
Entity typeother
Related Parties
1- filerCIK 0001559405
Filing Metadata
- Form type
- 4
- Filed
- Aug 3, 8:00 PM ET
- Accepted
- Aug 4, 6:18 PM ET
- Size
- 15.1 KB