Michel Lagarde - 22 Feb 2023 Form 4 Insider Report for THERMO FISHER SCIENTIFIC INC. (TMO)

Role
Executive Vice President & COO
Signature
/s/ Melodie T. Morin, Attorney-in-Fact for Michel Lagarde
Issuer symbol
TMO
Transactions as of
22 Feb 2023
Net transactions value
-$1,044,601
Form type
4
Filing time
24 Feb 2023, 16:13:35 UTC
Previous filing
29 Aug 2022
Next filing
02 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TMO Common Stock Award $0 +1,809 +13% $0.000000 15,907 22 Feb 2023 Direct
transaction TMO Common Stock Award $0 +6,323 +40% $0.000000 22,230 22 Feb 2023 Direct F1
transaction TMO Common Stock Tax liability $504,119 -915 -4.1% $550.95 21,315 23 Feb 2023 Direct
transaction TMO Common Stock Tax liability $540,482 -981 -4.6% $550.95 20,334 23 Feb 2023 Direct

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 +11,987 $0.000000 11,987 22 Feb 2023 Common Stock 11,987 $548.40 Direct F2
* 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 option vests in four equal annual installments beginning on February 28, 2024.

Remarks:

Exhibit List: Exhibit 24 - Confirming Statement