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MDT Medtronic PLC

80.58
-0.28 (-0.35%)
Last Updated: 17:28:12
Delayed by 15 minutes
Share Name Share Symbol Market Type
Medtronic PLC NYSE:MDT NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -0.28 -0.35% 80.58 80.68 79.76 80.02 1,646,643 17:28:12

Statement of Changes in Beneficial Ownership (4)

15/10/2020 12:12am

Edgar (US Regulatory)


FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5                       
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

WHITE ROBERT JOHN
2. Issuer Name and Ticker or Trading Symbol

Medtronic plc [ MDT ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
EVP & President MITG
(Last)          (First)          (Middle)

MEDTRONIC PLC, 710 MEDTRONIC PKWY MS LC300
3. Date of Earliest Transaction (MM/DD/YYYY)

10/9/2020
(Street)

MINNEAPOLIS, MN 55432
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Performance Share Units  (1)10/9/2020  A   16563 (2)    (3) (3)Performance Share Units 16563 $0 16563 D  

Explanation of Responses:
(1) Each performance share unit represents a contingent right to receive one share of Medtronic common stock.
(2) The number of shares to be issued in connection with the performance share units ("PSUs") will vary depending on the level of certain performance metrics achieved over a three (3) year performance period. If target performance metrics are achieved, 16,563 shares will be issued. The actual number of shares to be issued could range from a low of 3,313 at minimum performance to a high of 33,126 shares at maximum performance. If minimum performance metrics are not met, such PSUs may vest at 0 shares.
(3) Vests on August 3, 2023.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
WHITE ROBERT JOHN
MEDTRONIC PLC
710 MEDTRONIC PKWY MS LC300
MINNEAPOLIS, MN 55432


EVP & President MITG

Signatures
/s/ Perry F. Sekus, attorney-in-fact10/14/2020
**Signature of Reporting PersonDate

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