0001209191-15-007328.txt : 20150129
0001209191-15-007328.hdr.sgml : 20150129
20150129062035
ACCESSION NUMBER: 0001209191-15-007328
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20150126
FILED AS OF DATE: 20150129
DATE AS OF CHANGE: 20150129
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: MEDTRONIC INC
CENTRAL INDEX KEY: 0000064670
STANDARD INDUSTRIAL CLASSIFICATION: ELECTROMEDICAL & ELECTROTHERAPEUTIC APPARATUS [3845]
IRS NUMBER: 410793183
STATE OF INCORPORATION: MN
FISCAL YEAR END: 0425
BUSINESS ADDRESS:
STREET 1: 710 MEDTRONIC PKWY
STREET 2: MS LC300
CITY: MINNEAPOLIS
STATE: MN
ZIP: 55432
BUSINESS PHONE: 7635144000
MAIL ADDRESS:
STREET 1: 710 MEDTRONIC PKWY
CITY: MINNEAPOLIS
STATE: MN
ZIP: 55432
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Lerman Bradley E
CENTRAL INDEX KEY: 0001559405
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-07707
FILM NUMBER: 15556701
MAIL ADDRESS:
STREET 1: MEDTRONIC, INC.
STREET 2: 710 MEDTRONIC PKWY MSLC300
CITY: MINNEAPOLIS
STATE: MN
ZIP: 55432
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2015-01-26
1
0000064670
MEDTRONIC INC
MDT
0001559405
Lerman Bradley E
C/O MEDTRONIC INC,
710 MEDTRONIC PKWY MS LC300
MINNEAPOLIS
MN
55432
0
1
0
0
SVP General Counsel & Corp Sec
Common stock
2015-01-26
4
D
0
42458.855
D
0
D
Employee Stock Option (right to buy)
62.76
2015-01-26
4
D
0
1594
D
2024-07-28
Common stock
1594
0
D
Employee Stock Option (right to buy)
62.76
2015-01-26
4
D
0
39835
D
2024-07-28
Common stock
39835
0
D
Represents shares of Medtronic, Inc. ("Medtronic"), including a balance increase of 631.855 shares since the officer's last Form 4 filing due to exempt transactions such as dividend reinvestment, disposed of pursuant to the merger (the "Merger") of a wholly-owned subsidiary of Medtronic plc ("New Medtronic") with and into Medtronic, with Medtronic surviving as a wholly-owned subsidiary of New Medtronic, in exchange for ordinary shares of New Medtronic, which was consummated after and conditioned on New Medtronic's acquisition of Covidien plc, by means of a "scheme of arrangement", an Irish statutory procedure under the Companies Act of 1963. At the effective time of the Merger, each Medtronic common share was cancelled and converted into the right to receive one New Medtronic ordinary share. Under the terms of the Merger, the officer received cash in lieu of fractional shares of New Medtronic and restricted stock units were rounded up to the nearest whole share.
This option, which was unvested at the effective time of the Merger, was assumed by New Medtronic in the Merger and converted into an option to purchase 1,594 ordinary shares of New Medtronic for $62.76 per share with the same terms and conditions as the original Medtronic stock option.
This option, which was unvested at the effective time of the Merger, was assumed by New Medtronic in the Merger and converted into an option to purchase 39,835 ordinary shares of New Medtronic for $62.76 per share with the same terms and conditions as the original Medtronic stock option.
/s/ Rhonda L. Ingalsbe, Attorney-in-fact
2015-01-28