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

Signature
Laura Heiman, Attorney-in-fact
Issuer symbol
MCK
Transactions as of
26 May 2023
Net transactions value
-$1,578,570
Form type
4
Filing time
31 May 2023, 16:56:16 UTC
Previous filing
26 May 2023
Next filing
01 Jun 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MCK Common Stock Options Exercise $0 +2,329 +18% $0.000000 15,466 26 May 2023 Direct
transaction MCK Common Stock Tax liability $350,319 -903 -5.8% $387.95 14,563 26 May 2023 Direct F1
transaction MCK Common Stock Sale $252,403 -640 -4.4% $394.38 13,923 26 May 2023 Direct F2
transaction MCK Common Stock Sale $975,848 -2,542 -18% $383.89 11,381 30 May 2023 Direct F2
holding MCK Common Stock 4,178 26 May 2023 By Trust F3

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 -2,329 -100% $0.000000* 0 26 May 2023 Common Stock 2,329 $0.000000 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.