Werner Kroll - Jan 31, 2024 Form 4 Insider Report for QuidelOrtho Corp (QDEL)

Role
SVP, Research & Development
Signature
/s/ Phillip S. Askim, attorney-in-fact for Werner Kroll
Stock symbol
QDEL
Transactions as of
Jan 31, 2024
Transactions value $
-$257,050
Form type
4
Date filed
2/2/2024, 08:09 PM
Previous filing
Aug 1, 2023
Next filing
Feb 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QDEL Common Stock Award $0 +3.63K +12.21% $0.00 33.3K Jan 31, 2024 Direct F1, F2
transaction QDEL Common Stock Tax liability -$133K -1.95K -5.84% $68.51 31.4K Jan 31, 2024 Direct F3
transaction QDEL Common Stock Award $0 +3.55K +11.3% $0.00 34.9K Jan 31, 2024 Direct F1
transaction QDEL Common Stock Tax liability -$124K -1.81K -5.17% $68.51 33.1K Jan 31, 2024 Direct F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction QDEL Restricted Stock Units Options Exercise $0 -3.63K -50% $0.00 3.63K Jan 31, 2024 Common Stock 3.63K Direct F4, F5
transaction QDEL Restricted Stock Units Options Exercise $0 -3.55K -49.99% $0.00 3.55K Jan 31, 2024 Common Stock 3.55K Direct F4, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects release of restricted stock units that were previously reported on a Form 4.
F2 The amount of shares beneficially owned following this transaction includes an additional 76 shares due to the Reporting Person's purchase of shares pursuant to the Issuer's Employee Stock Purchase Plan.
F3 Disposition of shares, as set forth above, was in connection with the Issuer's withholding of common shares to satisfy tax withholding obligations related to the issuance of common shares upon release of restricted stock units.
F4 Each restricted stock unit represents the right to receive one share of QuidelOrtho Corporation common stock.
F5 3,628 shares vested on January 31, 2024; the remining 3,628 shares will vest in equal installments on January 31, 2025 and January 31, 2026.
F6 3,547 shares vested on January 31, 2024; 3,548 shares will vest on January 31, 2025.