Surface Carol A 4
4 · Medtronic plc · Filed Aug 3, 2022
Insider Transaction Report
Form 4
Surface Carol A
SVP, Chief HR Officer
Transactions
- Award
Ordinary Shares
2022-08-01+5,157→ 26,193 total - Award
Performance Share Units
2022-08-01+12,893→ 12,893 total→ Performance Share Units (12,893 underlying) - Award
Stock Option (Right to Buy)
2022-08-01+40,754→ 40,754 totalExercise: $93.08Exp: 2032-08-01→ Ordinary Shares (40,754 underlying)
Holdings
- 576(indirect: NQ Ret Plan Sup)
Ordinary Shares
Footnotes (5)
- [F1]The restrictions on the award shall lapse 100% on the third anniversary of the Grant Date.
- [F2]Each performance share unit represents a contingent right to receive one share of Medtronic common stock.
- [F3]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, 12,893 shares will be issued. If minimum performance metrics are not met, such PSUs may vest at 0 shares.
- [F4]Vests on August 1, 2025.
- [F5]These options become exercisable at the rate of 25% of the shares granted per year beginning on the first anniversary of grant.