Kevin Lobo - Nov 17, 2023 Form 4 Insider Report for STRYKER CORP (SYK)

Signature
/s/ Lauren E Keller, attorney-in-fact for Kevin A Lobo
Stock symbol
SYK
Transactions as of
Nov 17, 2023
Transactions value $
-$33,505,031
Form type
4
Date filed
11/21/2023, 05:18 PM
Previous filing
Oct 27, 2023
Next filing
Feb 9, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SYK Common Stock Options Exercise $13M +160K +197.71% $81.14 241K Nov 17, 2023 Direct F1
transaction SYK Common Stock Tax liability -$30.2M -104K -43% $291.55 138K Nov 17, 2023 Direct
transaction SYK Common Stock Sale -$9.44M -32.9K -23.89% $287.42 105K Nov 17, 2023 Direct F2
transaction SYK Common Stock Sale -$4.35M -15.1K -14.42% $288.26 89.6K Nov 17, 2023 Direct F3
transaction SYK Common Stock Sale -$2.33M -8.06K -9% $289.12 81.5K Nov 17, 2023 Direct F4
transaction SYK Common Stock Sale -$137K -474 -0.58% $289.89 81K Nov 17, 2023 Direct F5
holding SYK Common Stock 665 Nov 17, 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 Employee Stock Option granted 02/12/2014 (right to buy) Options Exercise $0 -160K -100% $0.00* 0 Nov 17, 2023 Common Stock 160K $81.14 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 2,585 shares of Stryker Common Stock acquired pursuant to Stryker Corporation's Employee Stock Purchase Plan ("ESPP") as of September 30, 2023, 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 $286.77 to $287.76, 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.
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 $287.77 to $288.76, 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.
F4 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 $288.77 to $289.76, 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.
F5 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 $289.81 to $289.99, 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.
F6 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.