Indraneel Kanaglekar - 10 Mar 2023 Form 4 Insider Report for ZimVie Inc. (ZIMV)

Signature
/s/ Jason Abair, Attorney-in Fact for Indraneel Kanaglekar
Issuer symbol
ZIMV
Transactions as of
10 Mar 2023
Net transactions value
-$5,577
Form type
4
Filing time
14 Mar 2023, 16:04:26 UTC
Previous filing
23 Feb 2023
Next filing
17 May 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZIMV Common Stock Options Exercise $0 +4,164 +63% $0.000000 10,807 10 Mar 2023 Direct
transaction ZIMV Common Stock Tax liability $5,577 -1,014 -9.4% $5.50 9,793 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 -4,164 -33% $0.000000 8,326 10 Mar 2023 Common Stock 4,164 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 4,164 of these RSUs vested on March 10, 2023; the remaining 8,326 RSUs vest 50% on each of March 10, 2024 and March 10, 2025.

Remarks:

Senior Vice President and President, Global Dental.