Karen L. Parkhill - 02 Aug 2024 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
02 Aug 2024
Net transactions value
-$548,481
Form type
4
Filing time
06 Aug 2024, 18:13:44 UTC
Previous filing
08 May 2024
Next filing
06 Aug 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 Options Exercise $0 +7,132 +15% $0.000000 53,459 02 Aug 2024 Direct F1
transaction MDT Ordinary Shares Tax liability $256,593 -3,148 -5.9% $81.51 50,311 02 Aug 2024 Direct F2
transaction MDT Ordinary Shares Tax liability $291,887 -3,581 -7.1% $81.51 46,730 02 Aug 2024 Direct F3
holding MDT Ordinary Shares 49,859 02 Aug 2024 Jeffrey S. Parkhill 2021 Irrevocable Trust F4
holding MDT Ordinary Shares 843 02 Aug 2024 By Child #1
holding MDT Ordinary Shares 843 02 Aug 2024 By Child #2
holding MDT Ordinary Shares 843 02 Aug 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 -7,132 -100% $0.000000* 0 02 Aug 2024 Performance Share Units 7,132 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.