Richard Kuntz - Aug 2, 2021 Form 4 Insider Report for Medtronic plc (MDT)

Role
SVP & Chief Medical & Science
Signature
/s/ Thomas L. Osteraas, attorney-in-fact
Stock symbol
MDT
Transactions as of
Aug 2, 2021
Transactions value $
-$644,076
Form type
4
Date filed
8/4/2021, 06:16 PM
Next filing
Nov 9, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MDT Ordinary Shares Tax liability -$644K -4.91K -6.56% $131.31 69.9K Aug 2, 2021 Direct F1
transaction MDT Ordinary Shares Award $0 +5.03K +7.2% $0.00 74.9K Aug 2, 2021 Direct F2

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) Award $0 +43K $0.00 43K Aug 2, 2021 Ordinary Shares 43K $131.26 Direct F3
transaction MDT Stock Option (Right to Buy) Award $0 +1.09K $0.00 1.09K Aug 2, 2021 Ordinary Shares 1.09K $131.26 Direct F3
transaction MDT Performance Share Units Award $0 +12.6K $0.00 12.6K Aug 2, 2021 Performance Share Units 12.6K Direct F4, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This balance increased by 782 shares due to exempt transactions such as dividend reinvestment.
F2 The restrictions on the award shall lapse 100% on the third anniversary of the Grant Date.
F3 These options become exercisable at the rate of 25% of the shares granted per year beginning on the first anniversary of grant.
F4 Each performance share unit represents a contingent right to receive one share of Medtronic common stock.
F5 The number of shares to be issued in connection with the performance share units ("PSUs") will vary depending on the level of certain performance metrics achieved over a three (3) year performance period. If target performance metrics are achieved, 12,571 shares will be issued. The actual number of shares to be issued could range from a low of 2,515 at minimum performance to a high of 25,142 shares at maximum performance. If minimum performance metrics are not met, such PSUs may vest at 0 shares.
F6 Vests on August 2, 2024.