Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SOLV | Common Stock | Options Exercise | $0 | +10.5K | $0.00 | 10.5K | Dec 1, 2024 | Direct | F1 | |
transaction | SOLV | Common Stock | Tax liability | -$229K | -3.2K | -30.6% | $71.51 | 7.26K | Dec 1, 2024 | Direct |
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 | -10.5K | -50% | $0.00 | 10.5K | Dec 1, 2024 | Common Stock | 10.5K | Direct | F2, F3 |
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. |