Form 4 for MDT Medtronic
Accepted 2023-08-02 00:00:00 ET · period of report 2023-07-31 · accession 0001613103-23-000076 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-08-02 | 2023-07-31 | MDT | Salmon Sean | EVP, Pres Cardiovascular | A - Grant | $0.00 | +9,686 | 46.3K | +26% | $0 |
| DM | 2023-08-02 | 2023-07-31 | MDT | Salmon Sean | EVP, Pres Cardiovascular | A - Grant | $0.00 | +89.4K | 21.2K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Ordinary Shares | 2023-07-31 | A | A | 9,686 | $0.00 | 46,290 | D | — | — | (F1) Restrictions on the award shall lapse 100% on the third anniversary of the Grant Date. (F2) Includes 516 units acquired through dividend reinvestment since the last report filed by the reporting person. |
| 2 | Derivative | Stock Option (Right to Buy) | 2023-07-31 | A | A | 68,196 | $0.00 | 68,196 | D | $87.76 · — to 2033-07-31 | 68,196 Ordinary Shares | (F6) These options become exercisable at the rate of 25% of the shares granted beginning on the first anniversary of the grant. |
| 3 | Derivative | Performance Share Units | 2023-07-31 | A | A | 21,214 | $0.00 | 21,214 | D | — · — to — | 21,214 Performance Share Unit | (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, 21,214 shares will be issued. If maximum performance metrics are achieved, 48,428 shares will be issued. If minimum performance metrics are not met, such PSUs may vest at 0 shares. (F3) Each performance share unit represents a contingent right to receive one share of Medtronic common stock. (F5) Vests on July 31, 2026. |