Surface Carol A 4
4 · Medtronic plc · Filed Aug 4, 2021
Insider Transaction Report
Form 4
Surface Carol A
SVP, Chief HR Officer
Transactions
- Award
Stock Option (Right to Buy)
2021-08-02+31,245→ 31,245 totalExercise: $131.26From: 2022-08-02Exp: 2031-08-02→ Ordinary Shares (31,245 underlying) - Award
Performance Share Units
2021-08-02+9,143→ 9,143 total→ Performance Share Units (9,143 underlying) - Tax Payment
Ordinary Shares
2021-08-02$131.31/sh−3,997$524,846→ 30,670 total - Award
Ordinary Shares
2021-08-02+3,657→ 34,327 total - 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)
Holdings
- 567(indirect: NQ Ret Plan Sup)
Ordinary Shares
Footnotes (7)
- [F1]This balance increased by 517 shares due to exempt transactions such as dividend reinvestment and employee stock purchase plan.
- [F2]The restrictions on the award shall lapse 100% on the third anniversary of the Grant Date.
- [F3]Between December 28, 2020 and June 30, 2021, the reporting person acquired 8 shares of MDT common stock under the Medtronic NQ Retirement Plan. The information in this report is based on a statement dated as of June 30, 2021.
- [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, 9,143 shares will be issued. The actual number of shares to be issued could range from a low of 1,829 at minimum performance to a high of 18,286 shares at maximum performance. If minimum performance metrics are not met, such PSUs may vest at 0 shares.
- [F7]Vests on August 2, 2024.