Kevin Lobo - Dec 2, 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
Dec 2, 2022
Transactions value $
-$45,064,002
Form type
4
Date filed
12/5/2022, 06:09 PM
Previous filing
Oct 28, 2022
Next filing
Feb 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SYK Common Stock Options Exercise $12M +187K +232.1% $64.01* 268K Dec 2, 2022 Direct F1
transaction SYK Common Stock Tax liability -$28.9M -120K -44.82% $240.77 148K Dec 2, 2022 Direct
transaction SYK Common Stock Sale -$10.5M -43.8K -29.6% $239.43 104K Dec 2, 2022 Direct F2
transaction SYK Common Stock Sale -$5.63M -23.4K -22.48% $240.16 80.8K Dec 2, 2022 Direct F3
holding SYK Common Stock 632 Dec 2, 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 Employee Stock Option granted 02/13/2013 (right to buy) Options Exercise -$12M -187K -100% $64.01* 0 Dec 2, 2022 Common Stock 187K $64.01 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 2,467 shares of Stryker Common Stock acquired pursuant to Stryker Corporation's Employee Stock Purchase Plan ("ESPP") as of September 30, 2022, the date of the latest available statement of the reporting person's ESPP holdings.
F2 The price reported in Column 4 is a weighted average sale price. The shares of Common Stock were sold in multiple transactions at prices ranging from $239.00 to $239.925, inclusive. The Reporting Person undertakes to provide upon request by the staff of the Securities & Exchange Commission, the Issuer or any security holder of the Issuer, full information regarding the number of shares of Common Stock sold at each separate price within the range set forth herein.
F3 The price reported in Column 4 is a weighted average sale price. The shares of Common Stock were sold in multiple transactions at prices ranging from $240.015 to $240.36, inclusive. The Reporting Person undertakes to provide upon request by the staff of the Securities & Exchange Commission, the Issuer or any security holder of the Issuer, full information regarding the number of shares of Common Stock sold at each separate price within the range set forth herein.
F4 Employee stock option granted pursuant to the Stryker Corporation 2011 Long-Term Incentive Plan, exercisable as to 20% on each of the first five anniversaries of the date of grant.

Remarks:

Exhibit 24, Power of Attorney, is attached.