Karen L. Parkhill - Aug 2, 2024 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 2, 2024
Transactions value $
-$548,481
Form type
4
Date filed
8/6/2024, 06:13 PM
Previous filing
May 8, 2024
Next filing
Aug 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MDT Ordinary Shares Options Exercise $0 +7.13K +15.39% $0.00 53.5K Aug 2, 2024 Direct F1
transaction MDT Ordinary Shares Tax liability -$257K -3.15K -5.89% $81.51 50.3K Aug 2, 2024 Direct F2
transaction MDT Ordinary Shares Tax liability -$292K -3.58K -7.12% $81.51 46.7K Aug 2, 2024 Direct F3
holding MDT Ordinary Shares 49.9K Aug 2, 2024 Jeffrey S. Parkhill 2021 Irrevocable Trust F4
holding MDT Ordinary Shares 843 Aug 2, 2024 By Child #1
holding MDT Ordinary Shares 843 Aug 2, 2024 By Child #2
holding MDT Ordinary Shares 843 Aug 2, 2024 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 $0 -7.13K -100% $0.00* 0 Aug 2, 2024 Performance Share Units 7.13K Direct F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Karen L. Parkhill is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Represents shares issued upon the settlement of performance-vesting restricted stock units granted on August 2, 2021 and earned dividend equivalents.
F2 Represents shares withheld for taxes upon the settlement of performance-vesting restricted stock units that vested on August 2, 2024.
F3 Represents shares withheld for taxes upon the vesting of restricted stock units previously reported on Table I.
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 represents a contingent right to receive one share of Medtronic common stock.
F6 The performance share units vested on August 2, 2024.