Item 8.01. Other Events.
On May 21, 2021, Liam J. Kelly, Chairman, President and Chief Executive Officer
of Teleflex Incorporated (the "Company"), entered into a stock trading plan (the
"Plan") in accordance with Rule 10b51 under the Securities Exchange Act of
1934, as amended. Under Rule 10b51, directors, officers and other employees who
are not in possession of material nonpublic information may adopt prearranged
plans or contracts for the sale of Company securities under specified conditions
and at specified times. These prearranged trades can then be executed at a later
date, as spelled out in the plan, without further action by the director,
officer or other employee and without regard to any subsequent material
nonpublic information the individual might have received.
The Plan provides for the sale of up to a total of 17,974 shares of the
Company's common stock that are to be acquired through the exercise of stock
options currently held by Mr. Kelly, which are scheduled to expire in 2022. The
total number of shares that may be sold under the Plan represents approximately
5.5% of Mr. Kelly's current total holdings of the Company's common stock, which
include, for purposes of this computation, direct shares and shares underlying
unvested restricted stock units and vested and unvested options to purchase the
Company's common stock.
Sales under the Plan are scheduled to take place in two tranches, with the first
occurring in August 2021 and the second occurring in November 2021. Any shares
that are sold under the Plan will be sold on the open market, subject to minimum
price thresholds specified in the Plan. If any shares remain unsold following
the scheduled sale dates because the minimum price threshold was not available,
the shares may be sold thereafter through December 2021, subject to a specified
minimum price threshold.
The Company does not undertake to report Rule 10b5-1 plans that may be adopted
by any officers or directors in the future, or to report any modifications or
termination of any publicly announced trading plan, except to the extent, if
any, required by law.
--------------------------------------------------------------------------------
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
TELEFLEX INCORPORATED
By: /s/ Daniel V. Logue
Name: Daniel V. Logue
Title: Corporate Vice President, General
Date: May 28, 2021 Counsel and Secretary
© Edgar Online, source Glimpses
TELEFLEX INCORPORATED 
