Sean Salmon - 29 Jul 2024 Form 4 Insider Report for Medtronic plc (MDT)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
31 Jul 2024, 20:03:56 UTC
Prior SEC filing
23 Feb 2024
Next SEC filing
06 Aug 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Thomas L. Osteraas, attorney-in-fact

Key filing fact

Sean Salmon filed Form 4 for Medtronic plc (MDT) on 31 Jul 2024.

Key facts

  • This page summarizes Sean Salmon's Form 4 filing for Medtronic plc (MDT).
  • 3 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 31 Jul 2024, 20:03.

Change

  • Previous filing in this sequence was filed on 23 Feb 2024.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

MDT transaction

Ordinary Shares

Award

Transaction value
$0
Shares
+14,375
Change %
+30%
Price
$0.000000
Shares after
63,084
Date
29 Jul 2024
Ownership
Direct
Footnotes
F1, F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

MDT transaction Derivative

Performance Share Unit

Award

Transaction value
$0
Shares
+35,938
Change %
Price
$0.000000
Shares after
35,938
Date
29 Jul 2024
Ownership
Direct
Underlying class
Performance Share Units
Underlying amount
35,938
Exercise price
Footnotes
F3, F4, F5
MDT transaction Derivative

Stock Option (Right to Buy)

Award

Transaction value
$0
Shares
+106,260
Change %
Price
$0.000000
Shares after
106,260
Date
29 Jul 2024
Ownership
Direct
Underlying class
Ordinary Shares
Underlying amount
106,260
Exercise price
$80.00
Footnotes
F6
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote F1

The restrictions on the award shall lapse 100% on the third anniversary of the Grant Date.

Footnote F2

Includes 420 shares acquired through dividend reinvestment since the last report filed by the reporting person.

Footnote F3

Each performance share unit represents a contingent right to receive one share of Medtronic common stock.

Footnote F4

Vests on July 29, 2027.

Footnote F5

The number of shares to be issued in connection with the performance share units ("PSUs") will vary depending on the level of certain performance metrics achieved over a three (3) year performance period. If target performance metrics are achieved, 35,938 shares will be issued. If maximum performance metrics are achieved, 71,876 shares will be issued. If minimum performance metrics are not met, such PSUs may vest at 0 shares.

Footnote F6

These options became exercisable at the rate of 25% of the shares granted per year beginning on the first anniversary of grant.

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