Chad F. Phipps - 13 Dec 2022 Form 4 Insider Report for ZIMMER BIOMET HOLDINGS, INC. (ZBH)

Role
Sr. VP/Gen Counsel/Secretary
Signature
/s/ Matthew R. St. Louis, Attorney-in-Fact for Chad F. Phipps (power of attorney previously filed)
Issuer symbol
ZBH
Transactions as of
13 Dec 2022
Net transactions value
-$664,362
Form type
4
Filing time
15 Dec 2022, 15:09:04 UTC
Previous filing
21 Mar 2022
Next filing
23 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZBH Common Stock Options Exercise $817,716 +11,522 +28% $70.97 53,402 13 Dec 2022 Direct F1, F2
transaction ZBH Common Stock Sale $1,344,586 -10,459 -20% $128.56 42,943 13 Dec 2022 Direct F1, F3
transaction ZBH Common Stock Sale $137,493 -1,063 -2.5% $129.34 41,880 13 Dec 2022 Direct F1, F4

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 Employee Stock Option (right to buy) Options Exercise $0 -11,522 -33% $0.000000 23,045 13 Dec 2022 Common Stock 11,522 $70.97 Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan established by the reporting person on November 29, 2022.
F2 Includes 341 shares acquired under the Zimmer Biomet Holdings, Inc. Employee Stock Purchase Plan and pursuant to dividend reinvestment between April 27, 2022 and October 31, 2022.
F3 Reflects the weighted average price of 10,459 shares of common stock of Zimmer Biomet Holdings, Inc. sold in multiple transactions on December 13, 2022 with sale prices ranging from $128.00 to 128.98 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer or a security holder of the issuance, full information regarding the number of shares sold at each separate price.
F4 Reflects the weighted average price of 1,063 shares of common stock of Zimmer Biomet Holdings, Inc. sold in multiple transactions on December 13, 2022 with sale prices ranging from $129.02 to $129.90 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer or a security holder of the issuance, full information regarding the number of shares sold at each separate price.
F5 Vested annually over four years in increments of 25% each year, commencing on March 18, 2014.