William E. Berry Jr - 21 Dec 2021 Form 4 Insider Report for STRYKER CORP (SYK)

Role
VP, Corporate Controller
Signature
Lauren E. Keller, attorney-in-fact for William E. Berry, Jr.
Issuer symbol
SYK
Transactions as of
21 Dec 2021
Net transactions value
-$14,866
Form type
4
Filing time
14 Mar 2022, 16:53:06 UTC
Next filing
04 Feb 2022
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 +25 $0.000000 25 21 Dec 2021 Direct F1, F2
transaction SYK Common Stock Options Exercise $0 +35 +140% $0.000000 60 21 Dec 2021 Direct F1, F2
transaction SYK Common Stock Tax liability $14,866 -60 -100% $247.77 0 21 Dec 2021 Direct 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
transaction SYK Restricted Stock Units granted 02/05/2020 Options Exercise $0 -25 -3.8% $0.000000 625 21 Dec 2021 Common Stock 25 Direct F1, F3
transaction SYK Restricted Stock Units granted 02/03/2021 Options Exercise $0 -35 -3.7% $0.000000 922 21 Dec 2021 Common Stock 35 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit represents a contingent right to receive one share of Stryker Common Stock.
F2 The reported transactions involved the withholding of 60 shares of Stryker Common Stock in the aggregate to pay taxes associated with the reporting person becoming retirement eligible.
F3 The Restricted Stock Units vest as to half of the remaining shares on each of March 21, 2022 and March 21, 2023.
F4 The Restricted Stock Units vest as to one-third of the shares on each of March 21, 2022, March 21, 2023 and March 21, 2024.