Suketu Upadhyay - Jul 1, 2021 Form 4 Insider Report for ZIMMER BIOMET HOLDINGS, INC. (ZBH)

Role: Exec. VP, CFO
Signature: s/ Heather J. Kidwell, Attorney-in-Fact for Suketu Upadhyay (power of attorney previously filed)
Stock symbol: ZBH
Transactions as of: Jul 1, 2021
Transactions value $: -$180,077
Form type: 4
Date filed: 7/2/2021, 03:25 PM
Next filing: Feb 23, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ZBH	Common Stock	Options Exercise	$0	+3.66K	+132.38%	$0.00	6.42K	Jul 1, 2021	Direct	F1
transaction	ZBH	Common Stock	Tax liability	-$180K	-1.11K	-17.33%	$161.94	5.3K	Jul 1, 2021	Direct	F2

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	ZBH	Restricted Stock Units	Options Exercise	$0	-3.66K	-33.33%	$0.00	7.31K	Jul 1, 2021	Common Stock	3.66K	$0.00	Direct	F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes shares acquired under Zimmer Biomet Holdings, Inc. (the "Company") Employee Stock Purchase Plan between July 9, 2020 and January 9, 2021.
F2	Represents shares withheld by the Company to satisfy tax withholding obligations on the vesting of restricted stock units ("RSUs").
F3	Each RSU represents a contingent right to receive one share of Company common stock.
F4	The RSUs vest as follows: 3,655 vested on each of July 1, 2020 and July 1, 2021; and of the remaining 7,310 RSUs, 3,655 are scheduled to vest on each of July 1, 2022 and July 1, 2023.