James Andrew Pierce - 04 Mar 2022 Form 4 Insider Report for STRYKER CORP (SYK)

Role
Group President
Signature
/s/ Lauren E. Keller, attorney-in-fact for James Andrew Pierce
Issuer symbol
SYK
Transactions as of
04 Mar 2022
Transactions value $
-$628,516
Form type
4
Filing time
23 Mar 2022, 21:08:39 UTC
Previous filing
04 Feb 2022
Next filing
03 Aug 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SYK Common Stock Options Exercise $0 +5.17K +14.52% $0.00 40.8K 21 Mar 2022 Direct F1
transaction SYK Common Stock Tax liability -$629K -2.35K -5.77% $267.34 38.4K 21 Mar 2022 Direct
holding SYK Common Stock 1.44K 04 Mar 2022 By 401K
holding SYK Common Stock 246 04 Mar 2022 By Son AP
holding SYK Common Stock 246 04 Mar 2022 By Son GP

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SYK 2019 Performance Stock Units Award $0 +5.03K $0.00 5.03K 04 Mar 2022 Common Stock 5.03K Direct F2
transaction SYK 2019 Performance Stock Units Options Exercise $0 -5.17K -100% $0.00* 0 21 Mar 2022 Common Stock 5.17K Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares issued upon vesting of Performance Stock Units and related dividend equivalents.
F2 Acquired upon the achievement of pre-established three-year adjusted diluted net earnings per share goals and sales performance goals and represents a contingent right to receive one share of Stryker Common Stock. The earned shares vest on March 21, 2022.
F3 On March 21, 2022, the earned Performance Stock Units and related dividend equivalents vested and were settled for an equal number of shares of Stryker Common Stock.