Brian S. Tyler - May 16, 2023 Form 4 Insider Report for MCKESSON CORP (MCK)

Signature
Laura Heiman, Attorney-in-fact
Stock symbol
MCK
Transactions as of
May 16, 2023
Transactions value $
-$2,318,228
Form type
4
Date filed
5/17/2023, 03:35 PM
Previous filing
May 11, 2023
Next filing
Jun 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MCK Common Stock Options Exercise $2.03M +11.1K +14.69% $182.77 86.9K May 16, 2023 Direct F1
transaction MCK Common Stock Sale -$4.35M -11.1K -12.81% $391.15 75.7K May 16, 2023 Direct F1
holding MCK Common Stock 214 May 16, 2023 By the McKesson Corporation 401(k) Retirement Savings Plan

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 MCK Employee Stock Option (Right-to-buy) Options Exercise $0 -11.1K -100% $0.00* 0 May 16, 2023 Common Stock 11.1K $182.77 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Exercise and sale pursuant to a previously adopted plan dated December 2, 2022 in compliance with Rule 10b5-1(c).
F2 This option vested 25% on May 24, 2017, 25% on May 24, 2018, 25% on May 24, 2019 and 25% on May 24, 2020.