Richard Heppenstall - 07 Mar 2024 Form 4 Insider Report for ZimVie Inc. (ZIMV)

Signature
/s/ Heather Kidwell, Attorney-in Fact for Richard Heppenstall
Issuer symbol
ZIMV
Transactions as of
07 Mar 2024
Net transactions value
-$30,183
Form type
4
Filing time
11 Mar 2024, 17:32:04 UTC
Previous filing
02 Jan 2024
Next filing
17 May 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZIMV Common Stock Options Exercise $0 +6,939 +9.3% $0.000000 81,235 10 Mar 2024 Direct
transaction ZIMV Common Stock Tax liability $30,183 -1,690 -2.1% $17.86 79,545 10 Mar 2024 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 Award $0 +73,948 $0.000000 73,948 07 Mar 2024 Common Stock 73,948 Direct F2, F3
transaction ZIMV Restricted Stock Units Options Exercise $0 -6,939 -50% $0.000000 6,938 10 Mar 2024 Common Stock 6,939 Direct F2, F4
* 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") withholding obligations on the vesting of restricted stock units ("RSUs").
F2 Each RSU represents a contingent right to receive one share of the Company's common stock.
F3 Vests annually in thirds each year over three years commencing March 7, 2025.
F4 6,939 of these RSUs vested on March 10, 2024; the remaining 6,938 RSUs vest on March 10, 2025.

Remarks:

Executive Vice President, Chief Financial Officer and Treasurer