Kevin Lobo - Mar 4, 2022 Form 4 Insider Report for STRYKER CORP (SYK)

Role
Chair and CEO, Director
Signature
/s/ Lauren E Keller, attorney-in-fact for Kevin A Lobo
Stock symbol
SYK
Transactions as of
Mar 4, 2022
Transactions value $
-$4,632,735
Form type
4
Date filed
3/23/2022, 09:00 PM
Previous filing
Feb 4, 2022
Next filing
Oct 28, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SYK Common Stock Options Exercise $0 +33.9K +52.97% $0.00 98K Mar 21, 2022 Direct F1, F2
transaction SYK Common Stock Tax liability -$4.63M -17.3K -17.69% $267.34 80.6K Mar 21, 2022 Direct
holding SYK Common Stock 603 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 +33K $0.00 33K Mar 4, 2022 Common Stock 33K Direct F3
transaction SYK 2019 Performance Stock Units Options Exercise $0 -33.9K -100% $0.00* 0 Mar 21, 2022 Common Stock 33.9K Direct F4
* 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 Includes 2,344 shares of Stryker Common Stock acquired pursuant to Stryker Corporation's Employee Stock Purchase Plan ("ESPP") as of December 31, 2021, the date of the latest available statement of the reporting person's ESPP holdings.
F3 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.
F4 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.