Marc N. Casper - Feb 28, 2025 Form 4 Insider Report for THERMO FISHER SCIENTIFIC INC. (TMO)

Signature
/s/ Melodie T. Morin, Attorney-in-Fact for Marc N. Casper
Stock symbol
TMO
Transactions as of
Feb 28, 2025
Transactions value $
-$2,828,834
Form type
4
Date filed
3/4/2025, 04:24 PM
Previous filing
Feb 21, 2025
Next filing
Mar 6, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TMO Common Stock Tax liability -$805K -1.52K -1.26% $528.96 119K Feb 28, 2025 Direct F1
transaction TMO Common Stock Tax liability -$2.02M -3.83K -3.21% $528.96 115K Feb 28, 2025 Direct
holding TMO Common Stock 11.3K Feb 28, 2025 By Alison Casper 2020 Irrevocable Trust F2
holding TMO Common Stock 14.6K Feb 28, 2025 By Floral Park Associates, Inc.
holding TMO Common Stock 5K Feb 28, 2025 By MNC 2020 Irrevocable Trust F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects a downward adjustment of 1,656 shares of a performance-based restricted stock unit award granted on February 23, 2022. On February 22, 2023, the reporting person reported the acquisition of the performance-based restricted stock unit award. One-third of the shares vested on February 28, 2023, one-third of the shares vested on February 28, 2024, and the remaining one-third vested on February 28, 2025, subject to adjustment based on the Company's relative total shareholder return ("TSR") over the measurement period starting on January 1, 2022, through to December 31, 2024. As a result of the Company's relative TSR, the third tranche was adjusted downward by 30%. As such, the reporting person received 1,656 less shares than the amount initially reported.
F2 The reporting person disclaims beneficial ownership of the securities reported herein as indirectly beneficially owned, except to the extent of any pecuniary interest therein.
F3 The reporting person disclaims beneficial ownership of the securities reported herein as indirectly beneficially owned, except to the extent of any pecuniary interest therein.