HERBERT KATHY J 4
4 · Covidien plc · Filed Mar 17, 2011
Insider Transaction Report
Form 4
Covidien plcCOV
HERBERT KATHY J
Director
Transactions
- Award
Ordinary Shares
2011-03-15+2,642→ 14,104 total - Disposition to Issuer
Ordinary Shares
2011-03-15$51.09/sh−1,226$62,636→ 11,830 total - Tax Payment
Ordinary Shares
2011-03-15$51.09/sh−1,048$53,542→ 13,056 total
Footnotes (2)
- [F1]Consists of restricted stock units ("RSUs") that vest in their entirety as of the date of the Company's 2012 Annual Meeting and settle in ordinary shares upon vesting. The Reporting Person will receive dividend equivalent stock units in connection with this award.
- [F2]Consists of shares withheld to cover Irish taxes associated with a previous vesting of RSUs. Due to a recent change in Irish tax law, taxes are now due at the time of vesting.