SEC Form 4 · accession 0001246360-15-002696
Medtronic plc · MDT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Carol A Surface
Officer — SVP, Chief HR Officer
Period of report
Jul 14, 2015
Accepted (ET)
Jul 16, 2015 · 4:00 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 SharesF1 | Jul 14, 2015 | M | 8,239 | $57.65 | A | 80,947 | D | |
| Ordinary SharesF3 | Jul 14, 2015 | S | 13,722 | $75.8297 | D | 67,225 | D | |
| Ordinary Shares | holding | — | — | — | 568 | I | 401(k) |
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)F2 | $57.65 | Jul 14, 2015 | M | 8,239 | D | Oct 28, 2014 | Oct 28, 2023 | Ordinary Shares | 8,239 | 24,719 | D |
Explanation of responses
- F1This balance increased by 556 shares due to exempt transactions such as dividend reinvestment.
- F2These options become exercisable at the rate of 25% of the shares granted per year beginning on the first anniversary of grant.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $75.8210 to $75.8450, 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 ranges set forth in footnotes to this Form 4.