SEC Filings

DEFR14A
MEDTRONIC PLC filed this Form DEFR14A on 10/11/2017
Entire Document
 
(2) The following amounts of Executive Contributions from the table above have been reported in Salary and Non-Equity Incentive Plan Compensation columns in the current year’s Summary Compensation Table.

 

Name  Contributions
Omar Ishrak  $0
Karen L. Parkhill  $0
Michael J. Coyle  $1,642,125
Bryan C. Hanson  $0
Rob ten Hoedt  $0
Gary L. Ellis  $0

 

(3) These amounts are included in the current year’s Summary Compensation Table in the All Other Compensation column.
(4) No amounts of Aggregate Earnings from the table above have been reported in the current year’s Summary Compensation Table for any of our NEOs since the earnings were not preferential or above market.
(5) The following amounts of Aggregate Balance from the table above have been reported in the Summary Compensation Table from prior fiscal years:

 

Name  Contributions
Omar Ishrak  $0
Karen L. Parkhill  $0
Michael J. Coyle  $5,268,852
Bryan C. Hanson  $1,206,826
Rob ten Hoedt  $0
Gary L. Ellis  $2,943,742

 

Capital Accumulation Plan

 

The Capital Accumulation Plan allows U.S. executives of Medtronic to defer:

 

Up to 50% of their base salary;
Up to 80% of their annual incentive plan payments;
Up to 80% of their commissions (applicable only to those executives in a commission plan); and
Up to 80% of their cash long-term incentive plan payments.

 

The minimum amount of each reward element that may be deferred is 10%. Medtronic does not make any contributions to the Capital Accumulation Plan; the aggregate balances shown above represent amounts that the NEOs earned but elected to defer, plus gains (or losses).

 

Participants receive credits of gains or losses daily based on funds that are indexed to 24 investment alternatives, which are all also available under the 401(k) Plan. Investment returns for these investment alternatives are shown below:

 

   Return on Funds
April 30, 2016, to
April 28, 2017
Medtronic plc Stock Fund  7.11%
Interest Income Fund  1.86%
Vanguard Wellington  12.00%
Vanguard International Growth  19.68%
Vanguard Institutional Index  17.90%
Vanguard PRIMECAP  24.57%
Vanguard Windsor II  16.09%
Vanguard Total Bond Index  0.83%
Vanguard Extended Market  21.82%
Vanguard Target Retirement Income  5.74%
Vanguard Target Retirement 2010  N/A%
Vanguard Target Retirement 2015  8.09%
Vanguard Target Retirement 2020  9.83%
Vanguard Target Retirement 2025  11.11%
Vanguard Target Retirement 2030  12.28%
Vanguard Target Retirement 2035  13.48%
Vanguard Target Retirement 2040  14.67%
Vanguard Target Retirement 2045  15.06%
Vanguard Target Retirement 2050  15.07%
Vanguard Target Retirement 2055  15.08%
Vanguard Target Retirement 2060  15.07%
Vanguard Inflation Protected  1.73%
10T-100  3.11%
10T-120  3.73%

 

MEDTRONIC PLC   2017 Proxy Statement    60

 
X