Karen L. Parkhill - Aug 3, 2023 Form 4 Insider Report for Medtronic plc (MDT)

Role
EVP & Chief Financial Officer
Signature
/s/ Thomas L. Osteraas, attorney-in-fact
Stock symbol
MDT
Transactions as of
Aug 3, 2023
Transactions value $
-$500,096
Form type
4
Date filed
8/7/2023, 08:19 PM
Previous filing
Aug 2, 2023
Next filing
May 8, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MDT Ordinary Shares Award $0 +7.11K +15.74% $0.00 52.2K Aug 3, 2023 Direct F1, F2
transaction MDT Ordinary Shares Tax liability -$500K -5.92K -11.33% $84.49 46.3K Aug 3, 2023 Direct F3
holding MDT Ordinary Shares 49.9K Aug 3, 2023 Jeffrey S. Parkhill 2021 Irrevocable Trust F4
holding MDT Ordinary Shares 843 Aug 3, 2023 By Child #1
holding MDT Ordinary Shares 843 Aug 3, 2023 By Child #2
holding MDT Ordinary Shares 843 Aug 3, 2023 By Child #3

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 Performance Share Units Options Exercise -7.11K -100% 0 Aug 3, 2023 Performance Share Units 7.11K Direct F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares issued upon the settlement of performance-vesting restricted stock units granted on October 9, 2020 and earned dividend equivalents.
F2 Includes 723 shares representing earned dividend equivalents upon the settlement of restricted stock units that vested on August 3, 2023 and were previously reported on Table 1.
F3 Represents shares withheld for taxes upon the settlement of performance-vesting restricted stock units and restricted stock units that vested on August 3, 2023.
F4 These shares are held in the Jeffrey S. Parkhill 2021 Irrevocable Trust, of which the insider is the trustee and a beneficiary.
F5 Each performance share unit represented a contingent right to receive one share of Medtronic common stock.
F6 The performance share units vested on August 3, 2023.