William E. Berry Jr - 07 Feb 2024 Form 4 Insider Report for STRYKER CORP (SYK)

Signature
/s/ Lauren E. Keller, attorney-in-fact for William E. Berry, Jr.
Issuer symbol
SYK
Transactions as of
07 Feb 2024
Net transactions value
$0
Form type
4
Filing time
09 Feb 2024, 16:57:11 UTC
Previous filing
21 Dec 2023
Next filing
11 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SYK Common Stock Award $0 +801 +28% $0.000000 3,675 07 Feb 2024 Direct F1, F2
holding SYK Common Stock 561 07 Feb 2024 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 02/07/2024 (right to buy) Award $0 +3,210 $0.000000 3,210 07 Feb 2024 Common Stock 3,210 $339.77 Direct 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) pursuant to the Stryker 2011 Long-Term Incentive Plan, which vest as follows: one-third of the shares on March 21, 2025; one-third of the shares on March 21, 2026; and the remaining one-third of the shares on March 21, 2027.
F2 Each RSU represents a contingent right to receive one share of Stryker Common Stock.
F3 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.