Hanson Bryan C 4
4 · Solventum Corp · Filed Sep 4, 2024
Insider Transaction Report
Form 4
Solventum CorpSOLV
Hanson Bryan C
DirectorChief Executive Officer
Transactions
- Exercise/Conversion
Common Stock
2024-09-01+67,261→ 67,261 total - Exercise/Conversion
Restricted Stock Units
2024-09-01−67,261→ 134,522 totalExp: 2033-09-01→ Common Stock (67,261 underlying) - Tax Payment
Common Stock
2024-09-01$64.11/sh−26,468$1,696,863→ 40,793 total
Footnotes (3)
- [F1]Reflects vesting of Solventum RSUs received upon conversion of previously granted 3M RSUs. Each 3M RSU converted into the number of Solventum RSUs equal to the number of 3M Shares subject to such 3M RSU Award immediately prior to the Effective Time of the separation, multiplied by the SpinCo Ratio as set forth in the Employee Matters Agreement entered into in connection with the separation.
- [F2]Each Restricted Stock unit ("RSU") represents a contingent right to receive 1 share of the issuer's Class A Common Stock upon settlement.
- [F3]The RSUs shall fully vest in three tranches, with one-third vesting on each of the first through third anniversary of the grant date, subject to continued service through the vesting date.