4//SEC Filing
Harmon David John 4
Accession 0000899243-22-009761
CIK 0001876588other
Filed
Mar 6, 7:00 PM ET
Accepted
Mar 7, 7:12 PM ET
Size
8.8 KB
Accession
0000899243-22-009761
Insider Transaction Report
Form 4
ZimVie Inc.ZIMV
Harmon David John
See Remarks
Transactions
- Award
Common Stock
2022-03-01+1,737→ 1,737 total - Award
Stock Option (right to buy)
2022-03-01+6,565→ 6,565 totalExercise: $29.26Exp: 2031-10-01→ Common Stock (6,565 underlying)
Footnotes (4)
- [F1]On March 1, 2022, Zimmer Biomet Holdings, Inc. ("Zimmer Biomet") completed a pro rata spinoff distribution (the "Distribution") of shares of ZimVie Inc. ("ZimVie") common stock, par value $ 0.01 per share ("ZimVie Common Stock") to the holders of record of Zimmer Biomet common stock, par value $ 0.01 per share ("Zimmer Biomet Common Stock") on February 15, 2022. In connection with the Distribution, pursuant to the terms of the Employee Matters Agreement, dated as of March 1, 2022, between Zimmer Biomet and ZimVie (the "EMA"), all outstanding equity awards with respect to Zimmer Biomet Common Stock held by the Reporting Person were equitably adjusted and converted into equity awards with respect to ZimVie Common Stock, with such equitable adjustments determined based on (i) the volume weighted average trading price of Zimmer Biomet Common Stock on February 28, 2022 and (ii) the volume weighted average trading price of ZimVie common stock on March 1 through March 3, 2022.
- [F2]Represents the grant of restricted stock units with respect to ZimVie Common Stock ("ZimVie RSUs") upon the conversion of restricted stock units with respect to Zimmer Biomet Common Stock held by the Reporting Person as of March 1, 2022 in accordance with the terms of the EMA. The ZimVie RSUs vest ratably in four annual installments on the first four anniversaries of the grant date, October 1, 2021.
- [F3]Represents the grant of stock options to purchase ZimVie Common Stock upon the conversion of stock options to purchase Zimmer Biomet Common Stock in accordance with the terms of the EMA.
- [F4]This option vests ratably in four annual installments on the first four anniversaries of the grant date, October 1, 2021.
Documents
Issuer
ZimVie Inc.
CIK 0001876588
Entity typeother
Related Parties
1- filerCIK 0001482703
Filing Metadata
- Form type
- 4
- Filed
- Mar 6, 7:00 PM ET
- Accepted
- Mar 7, 7:12 PM ET
- Size
- 8.8 KB