STRYKER

2016 Proxy Statement

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Table of Contents 26 • Stryker Supplemental Plan matching contributions and discretionary contributions made in March 2016 pertaining to the 2015 Plan year, in amounts of $237,937, $71,632, $97,801, $70,483 and $57,885 for Mr. Lobo, Mr. Jellison, Mr. Scannell, Mr. Floyd and Mr. Carpenter, respectively. • None of our NEOs had perquisites and personal benefits that equaled or exceeded the SEC disclosure threshold of $10,000 in 2015. The Compensation Committee has directed that the Company avoid the use of tax gross-ups on perquisites and personal benefits for NEOs except for relocation expenses and items related to expatriate assignments and in isolated cases where particular circumstances warrant. Primary Compensation Elements. The following table indicates the percentages of our three primary compensation elements of salary, actual bonus and stock awards consisting of performance stock units, restricted stock units and stock options, in relation to the total of such elements for each NEO: Name Salary (%) Bonus Plan Payment (%) Performance Stock Units Grant-Date Value (%) (1) Restricted Stock Units Grant-Date Value (%) (1) Stock Option Grant-Date Value using Black-Scholes (%) (1) Kevin A. Lobo 11% 19% 36% 0% 34% William R. Jellison 24% 21% 28% 0% 27% Timothy J. Scannell 14% 17% 31% 8% 30% David K. Floyd 16% 20% 29% 6% 29% Lonny J. Carpenter 16% 14% 29% 12% 29% ______________ (1) Uses aggregate grant-date fair value in accordance with the Compensation — Stock Compensation Topic of the FASB Codification for 2015 awards of performance stock units, restricted stock units and stock option grants. See "Grant-Date Fair Value of Stock and Option Awards" on page 27. 2015 Grants of Plan-Based Awards The table below sets forth additional information regarding the range of annual bonus plan payout potential for 2015, the range of payout potential for performance stock unit awards granted in 2015 and the restricted stock units and the stock options granted to the NEOs in 2015 that are disclosed in the Summary Compensation Table. Estimated Possible Payouts Under Non-Equity Incentive Plan Awards Estimated Possible Payouts Under Equity Incentive Plan Awards All Other Stock Awards: Number of Shares of Stock or Units (#) All Other Option Awards: Number of Securities Underlying Options (#) Exercise or Base Price of Option Awards ($/sh) Closing Market Price on Grant Date ($/sh) Grant-Date Fair Value of Stock and Option Awards ($) Name Grant Date Threshold ($) Target ($) Maximum ($) Threshold (#) Target (#) Maximum (#) K. Lobo — 308,000 1,540,000 3,080,000 — 2/11/2015 19,611 39,222 78,444 3,646,077 2/11/2015 156,890 93.06 92.96 3,537,640 W. Jellison — 77,560 387,800 775,600 — 2/11/2015 3,358 6,716 13,432 624,319 2/11/2015 26,865 93.06 92.96 605,767 T. Scannell — 93,920 469,600 939,200 — 2/11/2015 7,119 14,238 28,476 1,323,564 5/1/2015 4,065 360,850 2/11/2015 56,955 93.06 92.96 1,284,252 D. Floyd — 88,000 440,000 880,000 — 2/11/2015 5,239 10,478 20,956 974,035 5/1/2015 2,169 192,542 2/11/2015 41,910 93.06 92.96 945,009 L. Carpenter — 72,750 363,750 727,500 — 2/11/2015 4,836 9,672 19,344 899,109 5/1/2015 4,065 360,850 2/11/2015 38,685 93.06 92.96 872,290

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