Geoffrey Martha - 28 Jun 2021 Form 4 Insider Report for Medtronic plc (MDT)

Role
CEO, Director
Signature
/s/ Thomas L. Osteraas, attorney-in-fact
Issuer symbol
MDT
Transactions as of
28 Jun 2021
Net transactions value
-$804,655
Form type
4
Filing time
30 Jun 2021, 18:21:16 UTC
Next filing
04 Aug 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MDT Ordinary Shares Options Exercise $636,180 +11,500 +14% $55.32 93,448 28 Jun 2021 Direct F1, F2, F3
transaction MDT Ordinary Shares Sale $1,440,835 -11,500 -12% $125.29 81,948 28 Jun 2021 Direct F1

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 MDT Stock Option (Right to Buy) Options Exercise $0 -11,500 -89% $0.000000 1,481 28 Jun 2021 Ordinary Shares 11,500 $55.32 Direct F1, F4, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
F2 This amount has been adjusted to correct a mathematical error in exempt transactions such as dividend reinvestment.
F3 This balance increased by 266 shares due to exempt transactions such as dividend reinvestment.
F4 This option to purchase 1,808 Medtronic ordinary shares for $55.32 per share, which was partially vested at the effective time of the Covidien acquisition, represents the conversion of an option to purchase 1,808 Medtronic Inc. common stock shares for $55.32 per share. This Medtronic plc stock option has the same terms and conditions as the original Medtronic Inc. stock option.
F5 This option to purchase 20,481 Medtronic ordinary shares for $55.32 per share, which was partially vested at the effective time of the Covidien acquisition, represents the conversion of an option to purchase 20,481 Medtronic Inc. common stock shares for $55.32 per share. This Medtronic plc stock option has the same terms and conditions as the original Medtronic Inc. stock option.
F6 This amount has been adjusted to correct a mathematical error that occurred in Column 9 in the previously filed Form 4 on April 7, 2021.