Rebecca Ann Whitney - 29 Mar 2024 Form 4 Insider Report for ZimVie Inc. (ZIMV)

Role
Former Senior Vice President and President, Global Spine
Signature
/s/ Heather Kidwell, Attorney-in Fact for Rebecca Whitney
Issuer symbol
ZIMV
Transactions as of
29 Mar 2024
Net transactions value
-$45,669
Form type
4
Filing time
02 Apr 2024, 16:01:48 UTC
Previous filing
11 Mar 2024
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 +9,677 +29% $0.000000 42,706 29 Mar 2024 Direct
transaction ZIMV Common Stock Tax liability $45,669 -2,783 -6.5% $16.41 39,923 29 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 Options Exercise $0 -9,677 -33% $0.000000 19,351 29 Mar 2024 Common Stock 9,677 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Rebecca Ann Whitney is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

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 The vesting of these RSUs was accelerated from May 15, 2024 to March 29, 2024. The remaining RSUs were canceled for no value effective as of April 1, 2024 upon Ms. Whitney's termination of employment in connection with the closing of the sale of the Company's spine business to an affiliate of H.I.G. Capital.

Remarks:

Former Senior Vice President and President, Global Spine