Ivan Tornos - 25 Feb 2024 Form 4 Insider Report for ZIMMER BIOMET HOLDINGS, INC. (ZBH)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
27 Feb 2024, 20:58:04 UTC
Prior SEC filing
22 Feb 2024
Next SEC filing
08 Mar 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Matthew R. St. Louis, Attorney-in-Fact for Ivan Tornos (power of attorney previously filed

Key filing fact

Ivan Tornos filed Form 4 for ZIMMER BIOMET HOLDINGS, INC. (ZBH) on 27 Feb 2024.

Key facts

  • This page summarizes Ivan Tornos's Form 4 filing for ZIMMER BIOMET HOLDINGS, INC. (ZBH).
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 27 Feb 2024, 20:58.

Change

  • Previous filing in this sequence was filed on 22 Feb 2024.
  • Current net transaction value: -$390,006.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ZBH transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+7,513
Change %
+43%
Price
$0.000000
Shares after
25,153
Date
25 Feb 2024
Ownership
Direct
Footnotes
F1, F2
ZBH transaction

Common Stock

Tax liability

Transaction value
$390,006
Shares
-3,028
Change %
-12%
Price
$128.80
Shares after
22,125
Date
25 Feb 2024
Ownership
Direct
Footnotes
F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

ZBH transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-7,513
Change %
-100%
Price
$0.000000*
Shares after
0
Date
25 Feb 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
7,513
Exercise price
Footnotes
F1, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

This number of restricted stock units ("RSUs") reflects the adjustments that occurred as of March 1, 2022 in connection with Zimmer Biomet Holdings, Inc.'s (the "Company") spinoff of Zimvie Inc. In connection with the spinoff, each 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, which adjustments were made following the initial reporting of these RSUs.

Footnote F2

Includes 121 shares acquired under the Company's Employee Stock Purchase Plan through February 1, 2024.

Footnote F3

Represents shares withheld by the Company to satisfy tax withholding obligations on the vesting of RSUs.

Footnote F4

Each RSU represents a contingent right to receive one share of Company common stock.

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