James Andrew Pierce - 21 Mar 2023 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: 21 Mar 2023
Transactions value $: -$540,372
Form type: 4
Filing time: 23 Mar 2023, 19:07:40 UTC
Previous filing: 09 Mar 2023
Next filing: 03 Oct 2023
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	+107	+0.21%	$0.00	50.6K	21 Mar 2023	Direct	F1
transaction	SYK	Common Stock	Tax liability	-$540K	-1.95K	-3.86%	$276.83	48.7K	21 Mar 2023	Direct
holding	SYK	Common Stock						1.48K	21 Mar 2023	By 401K
holding	SYK	Common Stock						377	21 Mar 2023	By Son AP
holding	SYK	Common Stock						377	21 Mar 2023	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	Dividend Equivalents	Options Exercise	$0	-107	-100%	$0.00^*	0	21 Mar 2023	Common Stock	107		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On March 9, 2023, the Reporting Person filed a Form 4 reporting the acquisition of 3,827 shares of Stryker Common Stock earned upon the satisfaction of certain performance criteria, subject to vesting on March 21, 2023 (the "Performance Stock Units"). The 107 shares being reported here represent dividend equivalents issued in connection with the earned Performance Stock Units, which also vested on March 21, 2023 and were settled for an equal number of shares of Stryker Common Stock.

Content

On March 9, 2023, the Reporting Person filed a Form 4 reporting the acquisition of 3,827 shares of Stryker Common Stock earned upon the satisfaction of certain performance criteria, subject to vesting on March 21, 2023 (the "Performance Stock Units"). The 107 shares being reported here represent dividend equivalents issued in connection with the earned Performance Stock Units, which also vested on March 21, 2023 and were settled for an equal number of shares of Stryker Common Stock.