SEC Form 4 · accession 0001246360-15-001607
Medtronic plc · MDT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gary Lee Ellis
Officer — EVP & Chief Financial Officer
Period of report
Mar 25, 2015
Accepted (ET)
Mar 27, 2015 · 2:35 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 | Mar 25, 2015 | M | 37,011 | $56.74 | A | 208,248 | D | |
| Ordinary SharesF2 | Mar 25, 2015 | S | 43,183 | $77.8121 | D | 165,065 | D | |
| Ordinary Shares | holding | — | — | — | 5,092 | I | 401(k) | |
| Ordinary Shares | holding | — | — | — | 7,631 | I | ESOP |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F1 | $56.74 | Mar 25, 2015 | M | 37,011 | D | Oct 19, 2006 | Oct 19, 2015 | Ordinary Shares | 37,011 | 0 | D |
Explanation of responses
- F1These options become exercisable at the rate of 25% of the shares granted per year beginning on the first anniversary of grant.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $77.56 to $78.15, inclusive. The reporting person undertakes to provide to Medtronic plc, any shareholder 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 with the ranges set forth in footnotes to this Form 4.