Suketu Upadhyay - 08 Nov 2024 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
08 Nov 2024
Net transactions value
-$769,883
Form type
4
Filing time
12 Nov 2024, 16:32:26 UTC
Previous filing
03 May 2024
Next filing
19 Feb 2025
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 +15,948 +76% $0.000000 36,842 10 Nov 2024 Direct F1
transaction ZBH Common Stock Tax liability $769,883 -7,097 -19% $108.48 29,745 10 Nov 2024 Direct F2

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 Award $0 +15,948 $0.000000 15,948 08 Nov 2024 Common Stock 15,948 Direct F3, F4, F5
transaction ZBH Restricted Stock Units Options Exercise $0 -15,948 -100% $0.000000 0 10 Nov 2024 Common Stock 15,948 Direct F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 130 shares acquired under the Company's Employee Stock Purchase Plan since the date of the filing of the reporting person's last Form 4.
F2 Represents shares withheld by the Company to satisfy tax withholding obligations on the vesting of restricted stock units ("RSUs").
F3 Each RSU represents a contingent right to receive one share of Zimmer Biomet Holdings, Inc. common stock.
F4 On September 1, 2023, the reporting person was granted performance-based RSUs, with the number of RSUs earned to be determined based on the extent to which certain performance conditions were met for a performance period of October 1, 2023 to September 30, 2024. As determined on November 8, 2024, based on actual performance, the reporting person earned 15,948 RSUs with a scheduled vesting date of November 10, 2024.
F5 Earned RSUs vested on November 10, 2024.