Brian S. Tyler - 13 Nov 2023 Form 4 Insider Report for MCKESSON CORP (MCK)

Signature
Laura Heiman, Attorney-in-fact
Issuer symbol
MCK
Transactions as of
13 Nov 2023
Net transactions value
-$3,485,252
Form type
4
Filing time
14 Nov 2023, 18:09:04 UTC
Previous filing
09 Nov 2023
Next filing
03 Jan 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MCK Common Stock Options Exercise $1,096,079 +7,589 +17% $144.43 51,034 13 Nov 2023 Direct F1
transaction MCK Common Stock Sale $3,566,830 -7,589 -15% $470.00 43,445 13 Nov 2023 Direct F1
transaction MCK Common Stock Options Exercise $363,539 +2,932 +6.7% $123.99 46,377 13 Nov 2023 Direct F1
transaction MCK Common Stock Sale $1,378,040 -2,932 -6.3% $470.00 43,445 13 Nov 2023 Direct F1
holding MCK Common Stock 214 13 Nov 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 -7,589 -43% $0.000000 10,118 13 Nov 2023 Common Stock 7,589 $144.43 Direct F2
transaction MCK Employee Stock Option (Right-to-buy) Options Exercise $0 -2,932 -43% $0.000000 3,908 13 Nov 2023 Common Stock 2,932 $123.99 Direct F3
* 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 Rule 10b5-1(c) trading arrangement dated December 2, 2022.
F2 This option vested 25% on May 30, 2019, 25% on May 30, 2020, 25% on May 30, 2021 and 25% on May 30, 2022.
F3 This option vested 25% on August 2, 2019, 25% on August 2, 2020, 25% on August 2, 2021 and 25% on August 2, 2022.