Jorge Andres Cedron - Apr 15, 2024 Form 4 Insider Report for Orthofix Medical Inc. (OFIX)

Role
CLO
Signature
/s/ Jorge Andres Cedron
Stock symbol
OFIX
Transactions as of
Apr 15, 2024
Transactions value $
$375,002
Form type
4
Date filed
4/17/2024, 04:38 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OFIX Common Stock Award $375K +28.6K $13.09 28.6K Apr 15, 2024 Direct F1

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 OFIX Employee Stock Option (Right to Buy) Award $0 +64.8K $0.00 64.8K Apr 15, 2024 Common Stock 64.8K $13.09 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The restricted stock units vest with respect to one-third (1/3rd) of the shares of stock covered hereby on each of the first, second and third anniversaries of the Grant Date.
F2 The options vest and become exercisable with respect to one-third (1/3rd) of the shares covered thereby on the first anniversary of the Grant Date and one-twelfth (1/12th) of the shares covered thereby on each of the 15-month, 18-month, 21-month, 24-month, 27-month, 30-month, 33-month and 36-month anniversaries of the Grant Date.