Lori A. Schechter - May 26, 2023 Form 4 Insider Report for MCKESSON CORP (MCK)

Role
EVP, Chief Legal Officer & GC
Signature
Laura Heiman, Attorney-in-fact
Stock symbol
MCK
Transactions as of
May 26, 2023
Transactions value $
-$1,578,570
Form type
4
Date filed
5/31/2023, 04:56 PM
Previous filing
May 26, 2023
Next filing
Jun 1, 2023
SEC
View on sec.gov

Transactions Table

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 Restricted Stock Units (RSUs) Options Exercise $0 -2.33K -100% $0.00* 0 May 26, 2023 Common Stock 2.33K $0.00 Direct F4
* 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 This transaction represents a withholding of shares to cover taxes applicable to a vesting of RSUs also reported on this Form 4.
F2 Sale pursuant to a previously adopted plan dated August 15, 2022 in compliance with Rule 10b5-1(c).
F3 Includes 1,101.3358 shares acquired in the ESPP held under The Hebert-Schechter Trust dtd 12/28/1999, Lori Ann-Schechter & William Hebert, Trustees.
F4 These RSUs will vest 1/3 on 5/26/2021, 1/3 on 5/26/2022 and 1/3 on 5/26/2023.