Joseph R. Holmes - Feb 23, 2024 Form 4 Insider Report for THERMO FISHER SCIENTIFIC INC. (TMO)

Role: VP & Chief Accounting Officer
Signature: /s/ Melodie T. Morin, Attorney-in-Fact for Joseph R. Holmes
Stock symbol: TMO
Transactions as of: Feb 23, 2024
Transactions value $: -$16,853
Form type: 4
Date filed: 2/26/2024, 04:07 PM
Previous filing: Feb 23, 2024
Next filing: Feb 29, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TMO	Common Stock	Tax liability	-$16.9K	-29.8	-1.64%	$564.71	1.8K	Feb 23, 2024	Direct	F1

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

Explanation of Responses:

Id	Content
F1	Reflects a downward adjustment of 15 shares of a performance-based restricted stock unit award granted on February 23, 2021. On February 23, 2022, the reporting person reported the acquisition of the performance-based restricted stock unit award. One-third of the shares vested on February 23, 2022, one-third of the shares vested on February 23, 2023, and the remaining one-third vested on February 23, 2024, subject to adjustment based on the Company's relative total shareholder return ("TSR") over the measurement period starting on January 1, 2021, through to December 31, 2023. As a result of the Company's relative TSR, the third tranche was adjusted downward by 15%. As such, the reporting person received 15 less shares than the amount initially reported.

Content

Reflects a downward adjustment of 15 shares of a performance-based restricted stock unit award granted on February 23, 2021. On February 23, 2022, the reporting person reported the acquisition of the performance-based restricted stock unit award. One-third of the shares vested on February 23, 2022, one-third of the shares vested on February 23, 2023, and the remaining one-third vested on February 23, 2024, subject to adjustment based on the Company's relative total shareholder return ("TSR") over the measurement period starting on January 1, 2021, through to December 31, 2023. As a result of the Company's relative TSR, the third tranche was adjusted downward by 15%. As such, the reporting person received 15 less shares than the amount initially reported.