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

Role
EVP Global Ops & Supply Chain
Signature
/s/ Thomas L. Osteraas, attorney-in-fact
Stock symbol
MDT
Transactions as of
Jun 27, 2022
Transactions value $
$0
Form type
3
Date filed
7/7/2022, 05:11 PM
Next filing
Aug 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding MDT Ordinary Shares 28.9K Jun 27, 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 Jun 27, 2022 Performance Share Units 9.56K Direct F2, F3, F4
holding MDT Performance Share Units Jun 27, 2022 Performance Share Units 8.32K Direct F2, F4, F5
holding MDT Stock Option (Right to Buy) Jun 27, 2022 Ordinary Shares 30.8K $120.25 Direct F6
holding MDT Stock Option (Right to Buy) Jun 27, 2022 Ordinary Shares 31K $131.26 Direct F6
holding MDT Performance Share Units Jun 27, 2022 Performance Share Units 8.76K 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.