FORM 4
[ X ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

ROUSSEAU MICHAEL T 		2. Issuer Name and Ticker or Trading Symbol

ST JUDE MEDICAL, LLC [ STJ ] 		5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
Director, President and CEO
(Last)          (First)          (Middle)

ONE ST. JUDE MEDICAL DRIVE 		3. Date of Earliest Transaction (MM/DD/YYYY)

1/4/2017
(Street)

ST. PAUL, MN 55117
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. 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
(Instr. 3) 		2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8) 		4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock   1/4/2017     D    46779   D   (1) 0   D    
Common Stock   1/4/2017     D    19618   D   (1) 0   I   (5) Family Trust  

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3) 		2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8) 		5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4) 		8. Price of Derivative Security
(Instr. 5) 		9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Options (Right to Buy)   $38.59   1/4/2017     D         182000    12/14/2010   (2) 12/14/2017   Common Stock   182000     (2) 0   I   (5) Family Trust  
Stock Options (Right to Buy)   $41.65   1/4/2017     D         204000    12/14/2011   (2) 12/14/2018   Common Stock   204000     (2) 0   I   (5) Family Trust  
Stock Options (Right to Buy)   $34.96   1/4/2017     D         300000    12/17/2012   (2) 12/12/2019   Common Stock   300000     (2) 0   I   (5) Family Trust  
Stock Options (Right to Buy)   $35.27   1/4/2017     D         183750    12/17/2013   (2) 12/10/2020   Common Stock   183750     (2) 0   I   (5) Family Trust  
Stock Options (Right to Buy)   $35.27   1/4/2017     D         61250    12/17/2013   (2) 12/10/2020   Common Stock   61250     (2) 0   D    
Stock Options (Right to Buy)   $59.41   1/4/2017     D         74570    12/17/2014   (2) 12/10/2021   Common Stock   74570     (2) 0   I   (5) Family Trust  
Stock Options (Right to Buy)   $59.41   1/4/2017     D         74570    12/17/2014   (3) 12/10/2021   Common Stock   74570     (3) 0   D    
Restricted Stock Units     (4) 1/4/2017     D         4474      (4)   (4) Common Stock   4474     (4) 0   D    
Stock Options (Right to Buy)   $69.08   1/4/2017     D         108444    12/17/2015   (3) 12/8/2016   Common Stock   108444     (3) 0   D    
Stock Options (Right to Buy)   $69.08   1/4/2017     D         36148    12/17/2015   (2) 12/8/2022   Common Stock   36148     (2) 0   I   (5) Family Trust  
Restricted Stock Units     (4) 1/4/2017     D         8214      (4)   (4) Common Stock   8214     (4) 0   D    
Stock Options (Right to Buy)   $61.62   1/4/2017     D         348888    12/17/2016   (3) 12/7/2023   Common Stock   348888     (3) 0   D    
Restricted Stock Units     (4) 1/4/2017     D         27789      (4)   (4) Common Stock   27789     (4) 0   D    

Explanation of Responses:
( 1)  Pursuant to the terms of the Agreement and Plan of Merger, dated April 27, 2016, by and among Abbott Laboratories ("Abbott"), the Issuer, Vault Merger Sub, Inc. and Vault Merger Sub, LLC (the "Merger Agreement"), each share of Issuer Common Stock was cancelled in exchange for $46.75 in cash and 0.8708 of a share of Abbott Common Stock (the "Merger Consideration"), less any applicable withholding taxes, and provided that cash is payable in respect of any fractional shares of Abbott stock.
( 2)  Pursuant to the terms of the Merger Agreement, each option that was fully vested and exercisable immediately prior to the Mergers was deemed exercised pursuant to a cashless exercise and settled by issuance of a number of shares of Issuer Common Stock ("Net Exercise Shares") equal to the excess (rounded down to the nearest whole share, but with any partial shares otherwise issuable settled in cash) of (i) the number of Issuer shares of Common Stock subject to such option immediately prior to the Mergers over (ii) the number of whole and partial (computed to the nearest four decimal places) Issuer shares of Common Stock that, when multiplied by the Company equity plan-defined FMV, is equal to the aggregate exercise price of the exercised options. Each Net Exercise Share was then canceled and converted into the right to receive the Merger Consideration, less any applicable withholding taxes.
( 3)  Each option provided for vesting in four equal installments on December 17 commencing one year after the date shown in the table. Pursuant to the Merger Agreement, the vested options were treated as set forth in note (2). The unvested options were assumed by Abbott and converted into an option to acquire the number of shares of Abbott Common Stock equal to the product (rounded down to the nearest whole share) of (i) the number of shares of Issuer Common Stock subject to such option immediately prior to the Mergers multiplied by (ii) the Stock Award Exchange Ratio (as defined in the Merger Agreement), at an exercise price per share of Abbott stock equal to the quotient (rounded up to the nearest whole cent) of (A) the per share exercise price for the shares of Issuer Common Stock subject to such option immediately prior to the Mergers divided by (B) the Stock Award Exchange Ratio.
( 4)  Pursuant to the Merger Agreement, each unvested restricted stock unit was assumed by Abbott and converted into restricted stock units for the number of shares of Abbott Common Stock equal to the product (rounded to the nearest whole share) of (i) the number of shares of Issuer Common Stock subject to such restricted stock unit immediately prior to the Mergers multiplied by (ii) the Stock Award Exchange Ratio.
( 5)  The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
ROUSSEAU MICHAEL T
ONE ST. JUDE MEDICAL DRIVE
ST. PAUL, MN 55117 		X
Director, President and CEO

Signatures
/s/ Kashif Rashid, Attorney in Fact 1/6/2017
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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