1. Name and Address of Reporting Person
Ryan, Robert L.
Medtronic, Inc.
710 Medtronic Pkwy
Minneapolis, MN 55432-
2. Issuer Name and Ticker or Trading Symbol
Medtronic, Inc. (MDT)
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Statement for Month/Year
2001 R1
5. If Amendment, Date of Original (Month/Day/Year)
06/05/2001
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
( ) Director ( ) 10% Owner
(X) Officer (give title below) ( ) Other (specify below)
Senior Vice President and Chief Financial Officer
7. Individual or Joint/Group Filing (Check Applicable Line)
(X) Form filed by One Reporting Person
( ) Form filed by More than One Reporting Person
TABLE I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
+---------------------------------+----------+-------------+-----------------------------+----------------+-----------+------------+
|1. Title of Security |2. Trans- |3. Trans- |4. Securities Acquired (A) |5. Amount of |6. Owner- |7. Nature |
| | action | action | or Disposed of (D) | Securities | ship | of In- |
| | Date | Code | | Beneficially | Form: | direct |
| | | | | Owned at | Direct | Bene- |
| | (Month/ | | | End of | (D) or | ficial |
| | Day/ | +-----------+------+----------+ Year | Indirect| Owner- |
| | Year) | |Amount |A/D |Price | | (I) | ship |
+---------------------------------+----------+-------------+-----------+------+----------+----------------+-----------+------------+
Common Stock 01/10/2001 G -243 D $0.0000 D
Common Stock 01/12/2001 G5 -375 D $0.0000 D
Common Stock 01/12/2001 G5 -375 D $0.0000 D
Common Stock 01/12/2001 G5 -375 D $0.0000 30467.642 D
Common Stock 2674.604 I By ESOP
Common Stock 01/12/2001 G5 375 A $0.0000 4700 I By Son
TABLE II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned
+-------------+--------+----------+---------+-----------+---------------------+----------------+----------+--------+-------+-------+
|1. |2. |3. |4. |5. |6. |7. |8. |9. |10. |11. |
| | | | | | | | |Number |Owner- | |
| | | | | | | | |of |ship | |
| | | | | | | | |Deriv- |Form of| |
| | | | | | |Title and Amount| |ative |Deriv- | |
| | | | | | |of Underlying | |Secur- |ative |Nature |
| |Conver- | | |Number of | |Securities | |ities |Secur- |of |
| |sion or | | |Derivative |Date Exercisable +-------+--------+ |Benefi- |ity: |In- |
| |Exercise| | |Securities |and Expiration Date | |Amount | |cially |Direct |direct |
| |Price of|Transac- |Transac- |Acquired(A)|(Month/Day/Year) | |or | |Owned |(D) or |Bene- |
|Title of |Deriv- |tion Date |tion Code|Disposed(D)+----------+----------+ |Number |Price of |at End |In- |ficial |
|Derivative |ative |(Month/ | +-----+-----+Date Exer-|Expira- | |of |Derivative|of |direct |Owner- |
|Security |Security|Day/Year) | |(A) |(D) |cisable |tion Date |Title |Shares |Security |Year |(I) |ship |
+-------------+--------+----------+---------+-----+-----+----------+----------+-------+--------+----------+--------+-------+-------+
Stock Options $44.25 04/27/2001 A 23072 04/27/2001 04/27/2011 Common 23072 $0.0000 D
(Right to buy) Stock
Stock Options $44.25 04/27/2001 A 36611 04/27/2001 04/27/2011 Common 36611 $0.0000 59683 D
(Right to buy) Stock
Stock Options $51.625 10/26/2000 A 46490 10/26/2001 10/26/2010 Common 46490 $0.0000 46490 D
(Right to buy) Stock
Stock Options $60.375 12/31/2000 A 14742 12/31/2000 12/31/2010 Common 14742 $0.0000 14742 D
(Right to buy) Stock
Right to $0 04/27/2001 A 331.4 Common 331.416 $0.0000 331.416 D
Receive Stock 16 Stock
Explanation of Responses:
Includes 702 shares acquired under the 1995 Employees Stock Purchase Plan on
November 1, 2000.
These options become exercisable at the rate of 25% of the shares granted per
year beginning on the first anniversary of grant.
Rights acquired under the Medtronic, Inc. Executive Non-qualified Supplemental
Benefit Plan to be settled in Medtronic common stock as a 1-for-1 conversion
upon the employee's retirement or other termination of employment.
SIGNATURE OF REPORTING PERSON
/s/ Robert L. Ryan
DATE
04/04/2002