Walter Matthew R. 4
4 · Medtronic plc · Filed Jul 31, 2024
Insider Transaction Report
Form 4
Walter Matthew R.
SVP, Chief HR Officer
Transactions
- Award
Performance Share Unit
2024-07-29+19,063→ 19,063 total→ Performance Share Units (19,063 underlying) - Award
Ordinary Shares
2024-07-29+7,625→ 25,205 total - Award
Stock Option (Right to Buy)
2024-07-29+56,364→ 56,364 totalExercise: $80.00Exp: 2034-07-29→ Ordinary Shares (56,364 underlying)
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]Vests on July 29, 2027.
- [F4]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, 19,063 shares will be issued. If maximum performance metrics are achieved, 38,126 shares will be issued. If minimum performance metrics are not met, such PSUs may vest at 0 shares.
- [F5]These options became exercisable at the rate of 25% of the shares granted per year beginning on the first anniversary of grant.