Filing Details
- Accession Number:
- 0001127602-16-061587
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2016-08-31 15:24:50
- Reporting Period:
- 2016-08-29
- Filing Date:
- 2016-08-31
- Accepted Time:
- 2016-08-31 15:24:50
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1613103 | Medtronic Plc | MDT | () | 4 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1524349 | C Bryan Hanson | Medtronic Plc 15 Hampshire Street Mansfield MA 02048 | Evp, President, Mitg | No | Yes | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Ordinary Shares | Acquisiton | 2016-08-29 | 15,000 | $29.52 | 168,192 | No | 4 | M | Direct | |
Ordinary Shares | Disposition | 2016-08-29 | 15,000 | $87.00 | 153,192 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Direct | |
No | 4 | S | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Ordinary Shares | Stock Option (Right to Buy) | Disposition | 2016-08-29 | 15,000 | $0.00 | 15,000 | $29.52 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
21,802 | 2021-11-30 | No | 4 | M | Direct |
Footnotes
- This exercise and sale occurred under a 10b5-1 plan.
- In the Merger, Covidien options outstanding as of closing were converted into options to buy shares of New Medtronic. This option to purchase 51,802 New Medtronic ordinary shares for $29.52 per share was received in the Merger and represents the conversion of 36,070 Covidien ordinary shares for $42.39 per share, which were partially vested at the time of the Merger. The conversion ratio and exercise price was calculated according to the terms of the Transaction Agreement, which does not allow for options on fractional shares of New Medtronic. Other than as to the number of underlying shares and the exercise price, this New Medtronic stock option has the same terms and conditions as the original Covidien stock option.