Glenn S. Boehnlein - Mar 4, 2022 Form 4 Insider Report for STRYKER CORP (SYK)

Role: VP, Chief Financial Officer
Signature: /s/ Lauren E. Keller, attorney-in-fact for Glenn S. Boehnlein
Stock symbol: SYK
Transactions as of: Mar 4, 2022
Transactions value $: -$1,100,371
Form type: 4
Date filed: 3/23/2022, 08:51 PM
Previous filing: Feb 4, 2022
Next filing: Mar 24, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SYK	Common Stock	Options Exercise	$0	+8.72K	+66.56%	$0.00	21.8K	Mar 21, 2022	Direct	F1
transaction	SYK	Common Stock	Tax liability	-$1.1M	-4.12K	-18.86%	$267.34	17.7K	Mar 21, 2022	Direct
holding	SYK	Common Stock						1.44K	Mar 4, 2022	By 401K

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	2019 Performance Stock Units	Award	$0	+8.5K		$0.00	8.5K	Mar 4, 2022	Common Stock	8.5K		Direct	F2
transaction	SYK	2019 Performance Stock Units	Options Exercise	$0	-8.72K	-100%	$0.00^*	0	Mar 21, 2022	Common Stock	8.72K		Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Shares issued upon vesting of Performance Stock Units and related dividend equivalents.
F2	Acquired upon the achievement of pre-established three-year adjusted diluted net earnings per share goals and sales performance goals and represents a contingent right to receive one share of Stryker Common Stock. The earned shares vest on March 21, 2022.
F3	On March 21, 2022, the earned Performance Stock Units and related dividend equivalents vested and were settled for an equal number of shares of Stryker Common Stock.