Suketu Upadhyay - 01 Jul 2023 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)
Issuer symbol: ZBH
Transactions as of: 01 Jul 2023
Net transactions value: -$245,697
Form type: 4
Filing time: 05 Jul 2023, 16:10:02 UTC
Previous filing: 03 May 2023
Next filing: 22 Feb 2024
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	$0	+3,768	+35%	$0.000000	14,660	01 Jul 2023	Direct
transaction	ZBH	Common Stock	Tax liability	$245,697	-1,677	-11%	$146.51	12,983	01 Jul 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	ZBH	Restricted Stock Units	Options Exercise	$0	-3,768	-100%	$0.000000^*	0	01 Jul 2023	Common Stock	3,768	$0.000000	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 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	The remaining 3,768 RSUs in this grant vested on July 1, 2023.