LaNeve Stephen 4
4 · MEDTRONIC INC · Filed Aug 5, 2009
Insider Transaction Report
Form 4
LaNeve Stephen
SVP & Pres Spinal & Biologics
Transactions
- Award
Employee Stock Option (right to buy)
2009-08-03+27,840→ 27,840 totalExercise: $35.92From: 2010-08-03Exp: 2019-08-03→ Common Stock (27,840 underlying) - Award
Common Stock
2009-08-03+6,960→ 45,659.565 total
Holdings
- 187.265(indirect: ESOP)
Common Stock
Footnotes (3)
- [F1]These options become exercisable at the rate of 25% of the shares granted per year beginning on the first anniversary of grant.
- [F2]This balance increased by 640.278 due to exempt transactions.
- [F3]The restrictions on these units shall lapse 100% on the third anniversary of the grant date if the Company?s cumulative diluted earnings per share growth during the 36 month period ending on the last day of the Company?s fiscal year 2012 equals or exceeds a 5% compound annual growth rate, as determined by the Compensation Committee.