Kevin Lobo - Mar 21, 2023 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 21, 2023
Transactions value $: -$2,609,123
Form type: 4
Date filed: 3/23/2023, 07:00 PM
Previous filing: Mar 9, 2023
Next filing: Jun 13, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SYK	Common Stock	Options Exercise	$0	+504	+0.51%	$0.00	99.3K	Mar 21, 2023	Direct	F1
transaction	SYK	Common Stock	Tax liability	-$2.61M	-9.43K	-9.5%	$276.83	89.8K	Mar 21, 2023	Direct
holding	SYK	Common Stock						633	Mar 21, 2023	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	Dividend Equivalents	Options Exercise	$0	-504	-100%	$0.00^*	0	Mar 21, 2023	Common Stock	504		Direct	F1

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

Explanation of Responses:

Id	Content
F1	On March 9, 2023, the Reporting Person filed a Form 4 reporting the acquisition of 17,971 shares of Stryker Common Stock earned upon the satisfaction of certain performance criteria, subject to vesting on March 21, 2023 (the "Performance Stock Units"). The 504 shares being reported here represent dividend equivalents issued in connection with the earned Performance Stock Units, which also vested on March 21, 2023 and were settled for an equal number of shares of Stryker Common Stock.

Content

On March 9, 2023, the Reporting Person filed a Form 4 reporting the acquisition of 17,971 shares of Stryker Common Stock earned upon the satisfaction of certain performance criteria, subject to vesting on March 21, 2023 (the "Performance Stock Units"). The 504 shares being reported here represent dividend equivalents issued in connection with the earned Performance Stock Units, which also vested on March 21, 2023 and were settled for an equal number of shares of Stryker Common Stock.