SEC Form 4 · accession 0001127602-16-054884
Medtronic plc · MDT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard Kuntz
Officer — SrVP & Chief Scien, Clin, Reg
Period of report
Jun 3, 2016
Accepted (ET)
Jun 7, 2016 · 12:56 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001613103
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Ordinary Shares | Jun 3, 2016 | M | 23,028 | $47.77 | A | 127,647 | D | |
| Ordinary Shares | Jun 3, 2016 | M | 35,872 | $36.24 | A | 163,519 | D | |
| Ordinary SharesF1,F2 | Jun 3, 2016 | S | 49,905 | $82.60 | D | 113,614 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F3 | $47.77 | Jun 3, 2016 | M | 23,028 | D | — | Oct 29, 2017 | Ordinary Shares | 23,028 | 0 | D |
| Stock Option (Right to Buy)F3 | $36.24 | Jun 3, 2016 | M | 35,872 | D | — | Oct 27, 2018 | Ordinary Shares | 35,872 | 0 | D |
Explanation of responses
- F1The price is a weighted average price. These shares were sold in multiple transactions in prices ranging from $82.42 to $82.865, inclusive. The reporting person undertakes to provide to Medtronic plc, any security holder of Medtronic plc, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in the footnote in this Form 4.
- F2This balance increased by 261 shares due to exempt transactions such as dividend reinvestment.
- F3These options become exercisable at the rate of 25% of the shares granted per year beginning on the first anniversary of grant.