SEC Form 4 · accession 0001179110-16-019443
ST JUDE MEDICAL, LLC · STJ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
I Paul Bae
Officer — VP Global HR and CCO
Period of report
Feb 16, 2016
Accepted (ET)
Feb 17, 2016 · 4:04 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000203077
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 16, 2016 | M | 802 | — | A | 11,137 | D | |
| Common StockF2 | Feb 16, 2016 | F | 306 | $51.94 | D | 10,831 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F3 | — | Feb 16, 2016 | M | 802 | A | Feb 16, 2016 | — | Common Stock | 3,208 | 2,406 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive on share of the Company's common stock.
- F2802 shares of restricted stock units vested on February 16, 2016. 306 were used to pay taxes and 496 shares were released.
- F3The restricted stock units vest 25% on each of the first four anniversary dates of the date of the grant beginning on the date shown.