Robert John White - Aug 3, 2023 Form 4 Insider Report for Medtronic plc (MDT)

Signature
/s/ Thomas L. Osteraas, attorney-in-fact
Stock symbol
MDT
Transactions as of
Aug 3, 2023
Transactions value $
-$343,452
Form type
4
Date filed
8/7/2023, 08:23 PM
Previous filing
Aug 2, 2023
Next filing
Dec 12, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MDT Ordinary Shares Award $0 +5.81K +12.58% $0.00 52K Aug 3, 2023 Direct F1, F2
transaction MDT Ordinary Shares Tax liability -$343K -4.07K -7.81% $84.49 48K Aug 3, 2023 Direct F3
holding MDT Ordinary Shares 1.5K Aug 3, 2023 Family Trust F4

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 $0 -5.81K -100% $0.00* 0 Aug 3, 2023 Performance Share Units 5.81K 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 61 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 securities are owned by the White Family Legacy Trust. The reporting person is the co-trustee. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for Section 16 or any other purpose.
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.