Gary Louis Corona - Aug 3, 2024 Form 3 Insider Report for Medtronic plc (MDT)

Role
Interim CFO
Signature
/s/ Thomas L. Osteraas, attorney-in-fact
Stock symbol
MDT
Transactions as of
Aug 3, 2024
Transactions value $
$0
Form type
3
Date filed
8/12/2024, 06:03 PM
Next filing
Aug 19, 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding MDT Ordinary Shares 24.1K Aug 3, 2024 Direct F1, F2

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
holding MDT Stock Option (Right to Buy) Aug 3, 2024 Ordinary Shares 10.2K $87.76 Direct F3
holding MDT Stock Option (Right to Buy) Aug 3, 2024 Ordinary Shares 1.54K $80.00 Direct F3
holding MDT Performance Share Unit Aug 3, 2024 Ordinary Shares 3.25K Direct F4, F5, F6
holding MDT Performance Share Unit Aug 3, 2024 Ordinary Shares 3.13K Direct F6, F7, F8
holding MDT Performance Share Unit Aug 3, 2024 Ordinary Shares 6.25K Direct F6, F9, F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 432 shares purchased pursuant to Medtronic's Employee Stock Ownership Plan.
F2 Includes 6,438 restricted stock units that vest in three annual installments beginning on December 6, 2024; 4,249 restricted stock units that vest on July 10, 2025; 1,298 restricted stock units that vest on July 31, 2026; and 6,250 restricted stock units that vest on July 29, 2027.
F3 These options become exercisable at the rate of 25% of the shares granted per year beginning on the first anniversary of grant.
F4 The performance share units vest on April 24, 2026.
F5 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, 3,245 shares will be issued. If minimum performance metrics are not met, such PSUs may vest at 0 shares.
F6 Each performance share unit represented a contingent right to receive one share of Medtronic common stock.
F7 The performance share units vest on December 6, 2026.
F8 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, 3,125 shares will be issued. If minimum performance metrics are not met, such PSUs may vest at 0 shares.
F9 The performance share units vest on April 30, 2027.
F10 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, 6,250 shares will be issued. If minimum performance metrics are not met, such PSUs may vest at 0 shares.