Marc N. Casper - Feb 22, 2023 Form 4 Insider Report for THERMO FISHER SCIENTIFIC INC. (TMO)

Role
Chairman & CEO, Director
Signature
/s/ Melodie T. Morin, Attorney-in-Fact for Marc N. Casper
Stock symbol
TMO
Transactions as of
Feb 22, 2023
Transactions value $
-$3,450,049
Form type
4
Date filed
2/24/2023, 04:07 PM
Previous filing
Feb 15, 2023
Next filing
Mar 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TMO Common Stock Award $0 +5K +3.88% $0.00 134K Feb 22, 2023 Direct
transaction TMO Common Stock Award $0 +16.6K +12.39% $0.00 150K Feb 22, 2023 Direct F1
transaction TMO Common Stock Tax liability -$2.02M -3.67K -2.44% $550.95 147K Feb 23, 2023 Direct
transaction TMO Common Stock Tax liability -$1.43M -2.6K -1.77% $550.95 144K Feb 23, 2023 Direct
holding TMO Common Stock 2K Feb 22, 2023 By Alison Casper 2020 Irrevocable Trust F2
holding TMO Common Stock 74.2K Feb 22, 2023 By Floral Park Associates, Inc.
holding TMO Common Stock 5K Feb 22, 2023 By MNC 2020 Irrevocable Trust F2
holding TMO Common Stock 3.3K Feb 22, 2023 By Spouse

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 TMO Stock Option (Right to Buy) Award $0 +33.1K $0.00 33.1K Feb 22, 2023 Common Stock 33.1K $548.40 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares represent a performance-based restricted stock unit award granted on February 23, 2022. The Company's Compensation Committee determined on February 22, 2023, that the performance criteria related to this award were satisfied. One-third of the shares vest on February 28, 2023 and 2024. The remaining one-third will vest on February 28, 2025, and is subject to adjustment (positive or negative) for long-term performance which is based on the comparison of the Company's total shareholder return compound annual growth rate ("CAGR") to the total shareholder return CAGR of each of the companies in the peer group, as specified within the award agreement, over the measurement period starting on January 1, 2022, through to December 31, 2024.
F2 The reporting person disclaims beneficial ownership of the securities reported herein as indirectly beneficially owned, except to the extent of any pecuniary interest therein.
F3 The option vests in four equal annual installments beginning on February 28, 2024.