Solventum Corp - Dec 1, 2024 Form 4/A - Amendment Insider Report for Solventum Corp (SOLV)

Role
Chief Legal Affairs Officer
Signature
/s/Marcela Kirberger, Chief Legal Affairs Officer
Stock symbol
SOLV
Transactions as of
Dec 1, 2024
Transactions value $
-$88,887
Form type
4/A - Amendment
Date filed
12/10/2024, 05:26 PM
Date Of Original Report
Dec 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SOLV Common Stock Options Exercise $0 +3.81K $0.00 3.81K Dec 1, 2024 Direct F1
transaction SOLV Common Stock Tax liability -$88.9K -1.24K -32.61% $71.51 2.57K Dec 1, 2024 Direct

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 SOLV Restricted Stock Units Options Exercise $0 -3.81K -50% $0.00 3.81K Dec 1, 2024 Common Stock 3.81K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects vesting of Solventum RSUs received upon conversion of previously granted 3M RSUs. Each 3M RSU converted into the number of Solventum RSUs equal to the number of 3M Shares subject to such 3M RSU Award immediately prior to the Effective Time of the separation, multiplied by the SpinCo Ratio as set forth in the Employee Matters Agreement entered into in connection with the separation.
F2 Each Restricted Stock unit ("RSU") represents a contingent right to receive 1 share of the issuer's Class A Common Stock upon settlement.
F3 The RSUs shall fully vest in two tranches, with one-half vesting on each of the first and second anniversaries of the grant date, subject to continued service through the vesting date.

Remarks:

A Form 4 was filed in error on December 3, 2024, which included "Solventum Corp" as the Reporting Person, and this filing should be disregarded. This transaction was effected by Ms. Kirberger and a corresponding Form 4 was filed on December 3, 2024.