Brett A. Wall - 02 Aug 2021 Form 4 Insider Report for Medtronic plc (MDT)

Role
EVP & Pres Neuroscience
Signature
/s/ Thomas L. Osteraas, attorney-in-fact
Issuer symbol
MDT
Transactions as of
02 Aug 2021
Transactions value $
-$194,601
Form type
4
Filing time
04 Aug 2021, 18:28:06 UTC
Previous filing
22 Jun 2021
Next filing
09 Nov 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MDT Ordinary Shares Tax liability -$195K -1.48K -6.88% $131.31 20.1K 02 Aug 2021 Direct F1, F2
transaction MDT Ordinary Shares Award $0 +5.33K +26.58% $0.00 25.4K 02 Aug 2021 Direct F3

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 MDT Stock Option (Right to Buy) Award $0 +45.6K $0.00 45.6K 02 Aug 2021 Ordinary Shares 45.6K $131.26 Direct F4
transaction MDT Stock Option (Right to Buy) Award $0 +1.09K $0.00 1.09K 02 Aug 2021 Ordinary Shares 1.09K $131.26 Direct F4
transaction MDT Performance Share Units Award $0 +13.3K $0.00 13.3K 02 Aug 2021 Performance Share Units 13.3K Direct F5, F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This amount has been adjusted to correct a mathematical error in exempt transactions such as dividend reinvestment.
F2 This balance increased by 83 shares due to exempt transactions such as dividend reinvestment.
F3 The restrictions on the award shall lapse 100% on the third anniversary of the Grant Date.
F4 These options become exercisable at the rate of 25% of the shares granted per year beginning on the first anniversary of grant.
F5 Each performance share unit represents a contingent right to receive one share of Medtronic common stock.
F6 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, 13,333 shares will be issued. The actual number of shares to be issued could range from a low of 2,667 shares at minimum performance to a high of 26,666 shares at maximum performance. If minimum performance metrics are not met, such PSUs may vest at 0 shares.
F7 Vests on August 2, 2024.