Widder Kenneth J - May 22, 2024 Form 4 Insider Report for QuidelOrtho Corp (QDEL)

Role
Director
Signature
/s/ Phillip S. Askim, attorney-in-fact for Kenneth J. Widder
Stock symbol
QDEL
Transactions as of
May 22, 2024
Transactions value $
$0
Form type
4
Date filed
5/23/2024, 06:31 PM
Previous filing
May 21, 2024
Next filing
May 29, 2024

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 (Equity Grant) Award $0 +4.93K $0.00 4.93K May 22, 2024 Common Stock 4.93K Direct F1, F2
transaction QDEL Restricted Stock Units (Converted) Award $0 +2.11K $0.00 2.11K May 22, 2024 Common Stock 2.11K Direct F1, F3, F4
transaction QDEL Restricted Stock Units (Premium) Award $0 +633 $0.00 633 May 22, 2024 Common Stock 633 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents the right to receive one share of QuidelOrtho Corporation common stock.
F2 The restricted stock units vest on May 22, 2025.
F3 The restricted stock units were received in lieu of cash payments to the reporting person for certain retainer and Board of Director service-related fees under a deferred compensation program applicable to participating non-employee directors. Release of vested restricted stock units will occur according to the elected deferral schedule.
F4 528 shares vested on May 22, 2024, 528 shares will vest on August 22, 2024, 528 shares will vest on November 22, 2024 and 528 shares will vest on February 22, 2025.