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Insider Trading Arrangements | 3 Months Ended | 6 Months Ended
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Dec. 24, 2023 shares | Dec. 24, 2023 shares
Trading Arrangements, by Individual |  |
Non-Rule 10b5-1 Arrangement Adopted | false |
Rule 10b5-1 Arrangement Terminated | false |
Non-Rule 10b5-1 Arrangement Terminated | false |
Patrick J. Lord [Member] |  |
Trading Arrangements, by Individual |  |
Material Terms of Trading Arrangement |  | On October 27, 2023, Patrick J. Lord, the Executive Vice President and Chief Operating Officer of the Company, adopted a Rule 10b5-1 Trading Arrangement. Dr. Lord’s Rule 10b5-1 Trading Arrangement provides for: (i) the potential exercise of 2,832 stock options expiring March 1, 2026 and the associated sale of up to 2,832 shares of the Company’s common stock resulting from such exercise; (ii) the potential exercise of 2,128 stock options expiring March 2, 2027 and the associated sale of up to 2,128 shares of the Company’s common stock resulting from such exercise; (iii) the potential exercise of 1,362 stock options expiring March 1, 2028 and the associated sale of up to 1,362 shares of the Company’s common stock resulting from such exercise; (iv) the potential exercise of 2,026 stock options expiring March 1, 2029 and the associated sale of up to 2,026 shares of the Company’s common stock resulting from such exercise; (v) the potential exercise of 1,407 stock options expiring March 1, 2030 and the associated sale of up to 1,407 shares of the Company’s common stock resulting from such exercise; and (vi) the potential sale of up to 10,893 shares of the Company’s common stock; in each case pursuant to the terms of the Rule 10b5-1 Trading Arrangement. Of the aggregate number of stock options to be exercised and shares of the Company’s common stock to be sold pursuant to the Rule 10b5-1 Trading Arrangement, a total of 4,960 stock options (and the shares of the Company’s common stock resulting from such exercise) and 7,381 shares were, at the time of adoption of the Rule 10b5-1 Trading Arrangement, subject to a prior trading arrangement previously adopted by Dr. Lord, and Dr. Lord’s Rule 10b5-1 Trading Arrangement provided that such options and shares would only be subject to the instructions under the Rule 10b5-1 Trading Arrangement if the instructions with respect to those options and shares under the prior trading arrangement had not previously been executed. As of December 24, 2023, all 4,960 stock options (and the associated shares of the Company’s common stock resulting from exercise of such options) and all 7,381 shares of the Company’s common stock that were subject both to the Rule 10b5-1 Trading Arrangement and to the prior trading arrangement had been transacted under the prior trading arrangement, and accordingly were no longer subject to exercise and/or sale, as applicable, under the Rule 20b5-1 Trading Arrangement. Dr. Lord’s Rule 10b5-1 Trading Arrangement has a termination date of March 7, 2025.
Name | Patrick J. Lord |
Title | Executive Vice President and Chief Operating Officer |
Rule 10b5-1 Arrangement Adopted | true |
Adoption Date | October 27, 2023 |
Arrangement Duration | 497 days |
Seshasayee (Sesha) Varadarajan [Member] |  |
Trading Arrangements, by Individual |  |
Material Terms of Trading Arrangement | On November 16, 2023, Seshasayee (Sesha) Varadarajan, the Senior Vice President, Global Products Group, of the Company, adopted a Rule 10b5-1 Trading Arrangement. Mr. Varadarajan’s Rule 10b5-1 Trading Arrangement provides for the potential sale of up to 11,000 shares of the Company’s common stock pursuant to the terms of the Rule 10b5-1 Trading Arrangement. Mr. Varadarajan’s Rule 10b5-1 Trading Arrangement has a termination date of November 29, 2024. |
Name | Seshasayee (Sesha) Varadarajan |
Title | Senior Vice President, Global Products Group |
Rule 10b5-1 Arrangement Adopted | true |
Adoption Date | November 16, 2023 |
Arrangement Duration | 379 days |
Aggregate Available | 11,000 | 11,000
Patrick J. Lord, Common Stock From Option Exercise, Expiring March 1, 2026 [Member] | Patrick J. Lord [Member] |  |
Trading Arrangements, by Individual |  |
Aggregate Available | 2,832 | 2,832
Patrick J. Lord, Common Stock From Option Exercise, Expiring March 2, 2027 [Member] | Patrick J. Lord [Member] |  |
Trading Arrangements, by Individual |  |
Aggregate Available | 2,128 | 2,128
Patrick J. Lord, Common Stock From Option Exercise, Expiring March 1, 2028 [Member] | Patrick J. Lord [Member] |  |
Trading Arrangements, by Individual |  |
Aggregate Available | 1,362 | 1,362
Patrick J. Lord, Common Stock From Option Exercise, Expiring March 1, 2029 [Member] | Patrick J. Lord [Member] |  |
Trading Arrangements, by Individual |  |
Aggregate Available | 2,026 | 2,026
Patrick J. Lord, Common Stock From Option Exercise, Expiring March 1, 2030 [Member] | Patrick J. Lord [Member] |  |
Trading Arrangements, by Individual |  |
Aggregate Available | 1,407 | 1,407
Patrick J. Lord, Common Stock [Member] | Patrick J. Lord [Member] |  |
Trading Arrangements, by Individual |  |
Aggregate Available | 10,893 | 10,893

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