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) | Options Exercise | $0 | -21.9K | -100% | $0.00* | 0 | May 13, 2024 | Common Stock | 21.9K | $210.68 | Direct | F3 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
Id | Content |
---|---|
F1 | The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 12, 2024. |
F2 | This transaction involves the reporting person's disposition of shares into a Spousal Lifetime Access Trust (SLAT) for the benefit of the reporting person's spouse and/or children. The reporting person's spouse serves as trustee of the SLAT. The reporting person disclaims beneficial ownership of the shares in the SLAT except to the extent the reporting person has a pecuniary interest in such shares. |
F3 | The option vested in four equal installments on February 27, 2019, 2020, 2021, and 2022. |