Chairman Michael J. Farrell - 13 May 2022 Form 4 Insider Report for ZIMMER BIOMET HOLDINGS, INC. (ZBH)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
17 May 2022, 17:33:49 UTC
Prior SEC filing
19 Apr 2022
Next SEC filing
17 May 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Matthew R. St. Louis, Attorney-in-Fact for Michael J. Farrell (power of attorney previously filed)

Key filing fact

Chairman Michael J. Farrell filed Form 4 for ZIMMER BIOMET HOLDINGS, INC. (ZBH) on 17 May 2022.

Key facts

  • This page summarizes Chairman Michael J. Farrell's Form 4 filing for ZIMMER BIOMET HOLDINGS, INC. (ZBH).
  • 2 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 17 May 2022, 17:33.

Change

  • Previous filing in this sequence was filed on 19 Apr 2022.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

ZBH transaction Derivative

Phantom Stock Units

Award

Transaction value
$0
Shares
+500
Change %
+4.8%
Price
$0.000000
Shares after
10,850
Date
13 May 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
500
Exercise price
$115.13
Footnotes
F1, F2, F3, F4
ZBH transaction Derivative

Restricted Stock Units

Award

Transaction value
$0
Shares
+1,129
Change %
+15%
Price
$0.000000
Shares after
8,812
Date
13 May 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,129
Exercise price
Footnotes
F2, F5, F6
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote F1

The phantom stock units were accrued under the Zimmer Biomet Holdings, Inc. (the "Company") Deferred Compensation Plan for Non-Employee Directors.

Footnote F2

The Conversion or Exercise Price of Derivative Security is 1-for-1.

Footnote F3

These units are to be settled in shares of Company common stock within sixty days after cessation of the reporting person's service as a Director.

Footnote F4

Includes 19.183 phantom stock units accrued on April 29, 2022 under the dividend reinvestment provision of the Zimmer Biomet Holdings, Inc. Deferred Compensation Plan for Non-Employee Directors.

Footnote F5

The Restricted Stock Units are immediately 100% vested and will be subject to mandatory deferral until the later of (1) the reporting person's termination of service as a Director or (2) the date that is three years after the grant date.

Footnote F6

Includes Restricted Stock Units granted in prior years that are subject to different mandatory deferral periods. Also reflects the adjustments that occurred as of March 1, 2022 in connection with the spinoff of ZimVie Inc. In connection with the spinoff, each then outstanding Restricted Stock Unit was adjusted to preserve the intrinsic value of such award by multiplying it by an equity exchange ratio, rounded up to the nearest whole unit.

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