Karen L. Parkhill - 03 Aug 2023 Form 4 Insider Report for Medtronic plc (MDT)

Role
EVP & Chief Financial Officer
Signature
/s/ Thomas L. Osteraas, attorney-in-fact
Issuer symbol
MDT
Transactions as of
03 Aug 2023
Net transactions value
-$500,096
Form type
4
Filing time
07 Aug 2023, 20:19:07 UTC
Previous filing
02 Aug 2023
Next filing
08 May 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MDT Ordinary Shares Award $0 +7,105 +16% $0.000000 52,246 03 Aug 2023 Direct F1, F2
transaction MDT Ordinary Shares Tax liability $500,096 -5,919 -11% $84.49 46,327 03 Aug 2023 Direct F3
holding MDT Ordinary Shares 49,859 03 Aug 2023 Jeffrey S. Parkhill 2021 Irrevocable Trust F4
holding MDT Ordinary Shares 843 03 Aug 2023 By Child #1
holding MDT Ordinary Shares 843 03 Aug 2023 By Child #2
holding MDT Ordinary Shares 843 03 Aug 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 -7,105 -100% 0 03 Aug 2023 Performance Share Units 7,105 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.