Suketu Upadhyay - Jul 1, 2022 Form 4 Insider Report for ZIMMER BIOMET HOLDINGS, INC. (ZBH)

Role
Exec. VP, CFO
Signature
/s/ Matthew R. St. Louis, Attorney-in-Fact for Suketu Upadhyay (power of attorney previously filed)
Stock symbol
ZBH
Transactions as of
Jul 1, 2022
Transactions value $
-$132,207
Form type
4
Date filed
7/5/2022, 05:36 PM
Previous filing
May 18, 2022
Next filing
Jul 19, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZBH Common Stock Options Exercise $0 +3.77K +68.97% $0.00 9.23K Jul 1, 2022 Direct F1
transaction ZBH Common Stock Tax liability -$132K -1.25K -13.53% $105.85 7.98K Jul 1, 2022 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 -3.77K -50% $0.00 3.77K Jul 1, 2022 Common Stock 3.77K $0.00 Direct F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 159 shares acquired under Zimmer Biomet Holdings, Inc. (the "Company") Employee Stock Purchase Plan between July 9, 2021 and January 10, 2022.
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 Amount reflects the adjustments that occurred as of March 1, 2022 in connection with the Company's spinoff of ZimVie Inc. In connection with the spinoff, each outstanding RSU 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.
F5 3,768 of the RSUs vested on July 1, 2022 and the remaining 3,768 RSUs are scheduled to vest on July 1, 2023.