Sec Form 3 Filing - Walter Matthew R. @ Medtronic plc - 2024-06-24

Insider filing report for Changes in Beneficial Ownership
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FORM 3
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
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Walter Matthew R.
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)
SVP, Chief HR Officer
(Last) (First) (Middle)
710 MEDTRONIC PARKWAY
3. Date of Earliest Transaction (MM/DD/YY)
06/24/2024
(Street)
MINNEAPOLIS, MN55432
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction 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
Ordinary Shares 16,788 ( 1 ) ( 2 ) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to Buy) $ 62.76 07/28/2015( 3 ) 07/28/2024 Ordinary Shares 492 D
Stock Option (Right to Buy) $ 74.84 01/27/2016( 3 ) 01/27/2025 Ordinary Shares 1,337 D
Stock Option (Right to Buy) $ 78 08/03/2016( 3 ) 08/03/2025 Ordinary Shares 1,283 D
Stock Option (Right to Buy) $ 88.06 08/01/2017( 3 ) 08/01/2026 Ordinary Shares 1,704 D
Stock Option (Right to Buy) $ 83.97 07/31/2018( 3 ) 07/31/2027 Ordinary Shares 1,787 D
Stock Option (Right to Buy) $ 89.08 07/30/2019( 3 ) 07/30/2028 Ordinary Shares 2,542 D
Stock Option (Right to Buy) $ 89.45 10/29/2019( 3 ) 10/29/2028 Ordinary Shares 191 D
Stock Option (Right to Buy) $ 103.26 07/29/2020( 3 ) 07/29/2029 Ordinary Shares 5,330 D
Stock Option (Right to Buy) $ 97.33 08/03/2021( 3 ) 08/03/2030 Ordinary Shares 7,652 D
Stock Option (Right to Buy) $ 131.26 08/02/2022( 3 ) 08/02/2031 Ordinary Shares 6,944 D
Stock Option (Right to Buy) $ 93.08 08/01/2023( 3 ) 08/01/2031 Ordinary Shares 9,908 D
Stock Option (Right to Buy) $ 87.76 07/31/2024( 3 ) 07/31/2033 Ordinary Shares 24,525 D
Performance Share Unit ( 6 ) ( 4 ) ( 4 ) Ordinary Shares 677 ( 5 ) D
Performance Share Unit ( 6 ) ( 7 ) ( 7 ) Ordinary Shares 2,828 ( 8 ) D
Performance Share Unit ( 6 ) ( 9 ) ( 9 ) Ordinary Shares 8,449 ( 10 ) D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Walter Matthew R.
710 MEDTRONIC PARKWAY
MINNEAPOLIS, MN55432
SVP, Chief HR Officer
Signatures
/s/ Thomas L. Osteraas, attorney-in-fact 07/02/2024
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Includes 1,196 shares purchased pursuant to the Employee Stock Purchase Plan.
( 2 )Includes 745 restricted stock units that vest on August 2, 2024; 104 restricted stock units that vest on May 2, 2025; 1,140 restricted stock units that vest on August 1, 2025; 104 restricted stock units that vest on May 2, 2026; and 3,380 restricted stock units that vest on July 31, 2026.
( 3 )These options became exercisable at the rate of 25% of the shares granted per year beginning on the first anniversary of grant.
( 4 )The performance share units vest on August 2, 2024.
( 5 )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, 677 shares will be issued. If minimum performance metrics are not met, such PSUs may vest at 0 shares.
( 6 )Each performance share unit represents a contingent right to receive one share of Medtronic common stock.
( 7 )The performance share units vest on August 1, 2025.
( 8 )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, 2,828 shares will be issued. If minimum performance metrics are not met, such PSUs may vest at 0 shares.
( 9 )The performance share units vest on July 31, 2026.
( 10 )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, 8,449 shares will be issued. If minimum performance metrics are not met, such PSUs may vest at 0 shares.

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