Gregory L. Smith - 27 Jun 2022 Form 3 Insider Report for Medtronic plc (MDT)

Role
EVP Global Ops & Supply Chain
Signature
/s/ Thomas L. Osteraas, attorney-in-fact
Issuer symbol
MDT
Transactions as of
27 Jun 2022
Net transactions value
$0
Form type
3
Filing time
07 Jul 2022, 17:11:14 UTC
Next filing
03 Aug 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding MDT Ordinary Shares 28,905 27 Jun 2022 Direct F1

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
holding MDT Performance Share Units 27 Jun 2022 Performance Share Units 9,564 Direct F2, F3, F4
holding MDT Performance Share Units 27 Jun 2022 Performance Share Units 8,317 Direct F2, F4, F5
holding MDT Stock Option (Right to Buy) 27 Jun 2022 Ordinary Shares 30,837 $120.25 Direct F6
holding MDT Stock Option (Right to Buy) 27 Jun 2022 Ordinary Shares 31,028 $131.26 Direct F6
holding MDT Performance Share Units 27 Jun 2022 Performance Share Units 8,762 Direct F4, F7, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 18,695 restricted stock units that vest on 4/5/23, 3,910 restricted stock units that vest on 8/23/23 and 3,564 restricted stock units that vest on 8/2/24.
F2 Vests on August 3, 2023.
F3 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, 9,564 shares will be issued. If minimum performance metrics are not met, such PSUs may vest at 0 shares.
F4 Each Performance Share Unit represents a contingent right to receive one share of Medtronic Common Stock.
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, 8,317 shares will be issued. If minimum performance metrics are not met, such PSUs may vest at 0 shares.
F6 These options become exercisable at the rate of 25% of the shares granted per year beginning on the first anniversary of grant.
F7 Vests on August 2, 2024.
F8 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, 8,762 shares will be issued. If minimum performance metrics are not met, such PSUs may vest at 0 shares.