Gianluca Pettiti - Feb 28, 2025 Form 4 Insider Report for THERMO FISHER SCIENTIFIC INC. (TMO)

Signature
/s/ Melodie T. Morin, Attorney-in-Fact for Gianluca Pettiti
Stock symbol
TMO
Transactions as of
Feb 28, 2025
Transactions value $
-$683,869
Form type
4
Date filed
3/4/2025, 04:32 PM
Previous filing
Feb 25, 2025
Next filing
Apr 16, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TMO Common Stock Tax liability -$176K -332 -1.34% $528.96 24.4K Feb 28, 2025 Direct F1
transaction TMO Common Stock Tax liability -$508K -960 -3.93% $528.96 23.5K Feb 28, 2025 Direct
* 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 482 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 482 less shares than the amount initially reported.