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Lobo Kevin's Form 4 filing

Stryker Corp (SYK) · filed Dec 5, 2022

Accession no.
0000310764-22-000116
Filed
Dec 5, 2022
Trade date
Dec 2, 2022
Filing delay
3 days
Rule 10b5-1 plan
Not on the form (before 2023)

This filing lists 4 non-derivative transactions and 1 derivative transaction. Open-market sales total $16.1M. It was filed 3 days after the trade.

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Lobo KevinCIK 0001519419Director, Officer (Chair and CEO)

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Dec 2, 2022Common StockMOption exerciseAcquired+187,470$64.01+$11,999,954.7268,240Direct
Dec 2, 2022Common StockFTax withholdingDisposed−120,238$240.77−$28,949,703.26148,002Direct
Dec 2, 2022Common StockSSaleDisposed−43,809$239.43F2−$10,489,188.87104,193Direct
Dec 2, 2022Common StockSSaleDisposed−23,423$240.16F3−$5,625,267.6880,770Direct

Derivative securities (Table II)

Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
Dec 2, 2022Common StockMOption exerciseDisposed−187,470$64.01−$11,999,954.70Direct

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

F2

The price reported in Column 4 is a weighted average sale price. The shares of Common Stock were sold in multiple transactions at prices ranging from $239.00 to $239.925, inclusive. The Reporting Person undertakes to provide upon request by the staff of the Securities & Exchange Commission, the Issuer or any security holder of the Issuer, full information regarding the number of shares of Common Stock sold at each separate price within the range set forth herein.

Referenced by the price of 1 transaction in Table I.

F3

The price reported in Column 4 is a weighted average sale price. The shares of Common Stock were sold in multiple transactions at prices ranging from $240.015 to $240.36, inclusive. The Reporting Person undertakes to provide upon request by the staff of the Securities & Exchange Commission, the Issuer or any security holder of the Issuer, full information regarding the number of shares of Common Stock sold at each separate price within the range set forth herein.

Referenced by the price of 1 transaction in Table I.

Remarks

Exhibit 24, Power of Attorney, is attached.

Read the full filing on SEC EDGAR (opens in a new tab)