Bradley E. Lerman - 31 Aug 2021 Form 4 Insider Report for Medtronic plc (MDT)

Role: SVP General Counsel & Corp Sec
Signature: /s/ Thomas L. Osteraas, attorney-in-fact
Issuer symbol: MDT
Transactions as of: 31 Aug 2021
Net transactions value: -$3,012,481
Form type: 4
Filing time: 01 Sep 2021, 17:27:16 UTC
Previous filing: 04 Aug 2021
Next filing: 01 Oct 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	$3,800,001	+50,775	+104%	$74.84	99,538	31 Aug 2021	Direct	F1
transaction	MDT	Ordinary Shares	Sale	$6,812,482	-50,775	-51%	$134.17	48,763	31 Aug 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	-50,775	-100%	$0.000000^*	0	31 Aug 2021	Ordinary Shares	50,775	$74.84	Direct	F1, F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This transaction was effected pursuant to a Rule 10b5-1 trading plan.
F2	This option becomes exercisable on June 29, 2018, subject to Medtronic's achievement of a pre-specified cash Earnings Per Share Growth Rate for fiscal years 2016 through 2018.
F3	This date was previously reported incorrectly as 7/28/2024.