Srikant M. Datar - 05 Dec 2022 Form 4 Insider Report for STRYKER CORP (SYK)

Role
Director
Signature
/s/ Lauren E Keller, attorney-in-fact for Srikant M Datar
Issuer symbol
SYK
Transactions as of
05 Dec 2022
Net transactions value
-$359,720
Form type
4
Filing time
07 Dec 2022, 15:07:24 UTC
Previous filing
28 Nov 2022
Next filing
06 Mar 2023
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 $353,365 +4,355 +90% $81.14 9,216 05 Dec 2022 Direct
transaction SYK Common Stock Tax liability $353,482 -1,454 -16% $243.11 7,762 05 Dec 2022 Direct
transaction SYK Common Stock Sale $119,348 -500 -6.4% $238.70 7,262 05 Dec 2022 Direct F1
transaction SYK Common Stock Sale $240,255 -1,000 -14% $240.26 6,262 07 Dec 2022 Direct F2
holding SYK Common Stock 27,469 05 Dec 2022 Family LLC

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 Stock Option granted 2/12/2014 (right to buy) Options Exercise $0 -4,355 -100% $0.000000* 0 05 Dec 2022 Common Stock 4,355 $81.14 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 $238.64 to $238.76, 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.
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 $240.00 to $240.51, 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 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.