Heather Kidwell - Sep 11, 2024 Form 4 Insider Report for ZimVie Inc. (ZIMV)

Role
Senior Vice President, Chief Legal, Compliance and Human Resources Officer and Corporate Secretary
Signature
/s/ Heather Kidwell
Stock symbol
ZIMV
Transactions as of
Sep 11, 2024
Transactions value $
$0
Form type
4
Date filed
9/12/2024, 04:03 PM
Previous filing
May 17, 2024

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 +24.2K $0.00 24.2K Sep 11, 2024 Common Stock 24.2K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one share of ZimVie Inc. common stock.
F2 Represents the conversion to time-based RSUs on a 1-for-1 basis of performance-based restricted stock units ("PRSUs") granted in May 2023 with performance targets that included the Company's former Spine business. As previously announced, the Company closed the sale of the Spine business on April 1, 2024, which makes those targets no longer relevant. The RSUs are scheduled to vest in full on May 15, 2026, the third anniversary of the date of grant of the PRSUs.

Remarks:

Senior Vice President, Chief Legal, Compliance and Human Resources Officer and Corporate Secretary