Vafa Jamali - 10 Mar 2023 Form 4 Insider Report for ZimVie Inc. (ZIMV)

Role
President and Chief Executive Officer, Director
Signature
/s/ Jason Abair, Attorney-in Fact for Vafa Jamali
Issuer symbol
ZIMV
Transactions as of
10 Mar 2023
Net transactions value
-$32,918
Form type
4
Filing time
14 Mar 2023, 16:04:01 UTC
Previous filing
13 Mar 2023
Next filing
04 Apr 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZIMV Common Stock Options Exercise $0 +20,817 +15% $0.000000 158,090 10 Mar 2023 Direct
transaction ZIMV Common Stock Tax liability $32,918 -5,985 -3.8% $5.50 152,105 10 Mar 2023 Direct F1

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 ZIMV Restricted Stock Units Options Exercise $0 -20,817 -33% $0.000000 41,631 10 Mar 2023 Common Stock 20,817 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld by ZimVie Inc. (the "Company") to satisfy tax withholding obligations on the vesting of restricted stock units ("RSUs").
F2 Each RSU represents a contingent right to receive one share of Company common stock.
F3 20,817 of these RSUs vested on March 10, 2023; the remaining 41,631 RSUs vest 50% on each of March 10, 2024 and March 10, 2025.

Remarks:

President and Chief Executive Officer