Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ZIMV | Common Stock | Other | $0 | -20.9M | -80.3% | $0.00 | 5.13M | Mar 1, 2022 | Direct | F1, F2 |
Id | Content |
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F1 | On February 7, 2022, Zimmer Biomet Holdings, Inc., a Delaware corporation ("Zimmer Biomet"), reported that it owned 100 shares of common stock of ZimVie Inc., a Delaware corporation ("ZimVie"), which at the time constituted all of the issued and outstanding shares of common stock of ZimVie. On February 28, 2022, pursuant to the Amended and Restated Certificate of Incorporation of ZimVie filed by ZimVie with the Secretary of State of the State of Delaware on such date, the 100 outstanding shares of common stock of ZimVie held by Zimmer Biomet were automatically converted into an aggregate of 26,050,488 fully-paid and nonassessable shares of common stock of ZimVie. |
F2 | On March 1, 2022, 20,918,542 shares of common stock of ZimVie were distributed by Zimmer Biomet by way of a pro rata dividend to its stockholders. Zimmer Biomet has retained the remaining 5,131,946 shares of common stock of ZimVie. |