Glenn S. Boehnlein - Mar 21, 2024 Form 4 Insider Report for STRYKER CORP (SYK)

Signature
/s/ Lauren E. Keller, attorney-in-fact for Glenn S. Boehnlein
Stock symbol
SYK
Transactions as of
Mar 21, 2024
Transactions value $
-$1,961,970
Form type
4
Date filed
3/25/2024, 06:45 PM
Previous filing
Mar 13, 2024
Next filing
May 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SYK Common Stock Options Exercise $0 +256 +0.83% $0.00 31.2K Mar 21, 2024 Direct F1
transaction SYK Common Stock Tax liability -$1.96M -5.56K -17.83% $353.19 25.6K Mar 21, 2024 Direct
holding SYK Common Stock 1.52K Mar 21, 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 Dividend Equivalents Options Exercise $0 -256 -100% $0.00* 0 Mar 21, 2024 Common Stock 256 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 13, 2024, the Reporting Person filed a Form 4 reporting the acquisition of 10,702 shares of Stryker Common Stock earned upon the satisfaction of certain performance criteria, subject to vesting on March 21, 2024 (the "Performance Stock Units"). The 256 shares being reported here represent dividend equivalents issued in connection with the earned Performance Stock Units, which also vested on March 21, 2024 and were settled for an equal number of shares of Stryker Common Stock.