Fong Ivan K 4
4 · Medtronic plc · Filed Jul 31, 2024
Insider Transaction Report
Form 4
Fong Ivan K
EVP GENERAL COUNSEL & SECR
Transactions
- Award
Ordinary Shares
2024-07-29+12,750→ 52,659 total - Award
Stock Option (Right to Buy)
2024-07-29+94,248→ 92,248 totalExercise: $80.00Exp: 2034-07-29→ Ordinary Shares (94,248 underlying) - Award
Performance Share Unit
2024-07-29+31,875→ 31,875 total→ Performance Share Units (31,875 underlying)
Footnotes (6)
- [F1]The restrictions on the award shall lapse 100% on the third anniversary of the Grant Date.
- [F2]Includes 708 shares acquired through dividend reinvestment since the last report filed by the reporting person.
- [F3]Each performance share unit represented a contingent right to receive one share of Medtronic common stock.
- [F4]Vests July 29, 2027.
- [F5]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, 31,875 shares will be issued. If maximum performance metrics are achieved, 63,750 shares will be issued. If minimum performance metrics are not met, such PSUs may vest at 0 shares.
- [F6]These options became exercisable at the rate of 25% of the shares granted per year beginning on the first anniversary of grant.