Andrew K. Silvernail - 10 May 2023 Form 4 Insider Report for STRYKER CORP (SYK)

Role
Director
Signature
/s/ Lauren E. Keller, attorney-in-fact for Andrew K. Silvernail
Issuer symbol
SYK
Transactions as of
10 May 2023
Net transactions value
$0
Form type
4
Filing time
12 May 2023, 18:21:51 UTC
Previous filing
06 May 2022
Next filing
07 Dec 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 Award $0 +705 +11% $0.000000 7,117 10 May 2023 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a grant of Restricted Stock Units (RSUs), which vest as to 100% of the shares on the earlier of (i) the date of the 2024 Annual Meeting of Shareholders of Stryker Corporation or (ii) May 10, 2024. The Reporting Person voluntarily elected to defer receipt of the shares of Stryker Common Stock issuable upon settlement of the RSUs until his departure from the Board of Directors.
F2 Each RSU represents a contingent right to receive one share of Stryker Common Stock.
F3 The reporting person has previously reported awards of RSUs in Table II of Form 4. The total reported in column 5 includes 4,510 RSUs previously reported in Table II, for which vesting has been voluntarily deferred until a later date, and 2,607 shares of Stryker Common Stock.

Remarks:

Exhibit 24, Power of Attorney, is attached.