Rajiv Vinnakota - Apr 5, 2022 Form 4 Insider Report for Enovis CORP (ENOV)

Role: Director
Signature: /s/ Bradley J. Tandy, Attorney-In-Fact
Stock symbol: ENOV
Transactions as of: Apr 5, 2022
Transactions value $: $0
Form type: 4
Date filed: 4/7/2022, 08:00 PM
Previous filing: Apr 5, 2022
Next filing: May 16, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ENOV	Common stock, par value $.001	Other	$0	-968	-11.4%	$0.00	7.53K	Apr 5, 2022	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	ENOV	Stock option (right to buy)	Other	$0	-849	-50%	$0.00	849	Apr 4, 2022	Common stock, par value $.001	849	$86.44	Direct	F2
transaction	ENOV	Stock option (right to buy)	Other	$0	-1.4K	-50%	$0.00	1.4K	Apr 4, 2022	Common stock, par value $.001	1.4K	$42.43	Direct	F2
transaction	ENOV	Stock option (right to buy)	Other	$0	-1.74K	-50%	$0.00	1.74K	Apr 4, 2022	Common stock, par value $.001	1.74K	$45.47	Direct	F2
transaction	ENOV	Stock option (right to buy)	Other	$0	-1.25K	-50%	$0.00	1.25K	Apr 4, 2022	Common stock, par value $.001	1.25K	$67.42	Direct	F2
transaction	ENOV	Stock option (right to buy)	Other	$0	-1.56K	-50%	$0.00	1.56K	Apr 4, 2022	Common stock, par value $.001	1.56K	$55.31	Direct	F2
transaction	ENOV	Stock option (right to buy)	Other	$0	-2K	-50%	$0.00	2K	Apr 4, 2022	Common stock, par value $.001	2K	$45.04	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	In connection with the pro-rata spin-off distribution (the "Spin-Off") by the Company of the shares of ESAB Corporation on April 4, 2022, the outstanding Company restricted stock units held by Mr. Vinnakota (who, following the Spin-Off, will continue to serve as a director of the Company and will also serve as a director of ESAB Corporation) were converted on a 50/50 basis into Enovis and ESAB restricted stock units. The number of shares of Company common stock beneficially owned by Mr. Vinnakota that were previously reported on Form 4 have been adjusted in connection with the closing of the Spin-Off to reflect the conversion of 50% of his Company restricted stock units into ESAB restricted stock units, and have also been adjusted to reflect the impact of the 1:3 reverse stock split that was effected by the Company immediately following the Spin-Off.
F2	In connection with the pro-rata spin-off distribution (the "Spin-Off") by the Company of the shares of ESAB Corporation on April 4, 2022, pursuant to the terms of the employee matters agreement between ESAB and the Company, the outstanding Company stock options held by Mr. Vinnakota (who, following the Spin-Off, will continue to serve as a director of the Company and will also serve as a director of ESAB Corporation) were converted on a 50/50 basis into Company and ESAB stock options. The number of Company stock options beneficially owned by Mr. Vinnakota and the related exercise prices that were previously reported on Form 4 have been adjusted in connection with the closing of the Spin-Off to reflect the conversion of 50% of his Company stock options into ESAB stock options, and have also been adjusted to reflect the impact of the 1:3 reverse stock split that was effected by the Company immediately following the Spin-Off.

Content

In connection with the pro-rata spin-off distribution (the "Spin-Off") by the Company of the shares of ESAB Corporation on April 4, 2022, the outstanding Company restricted stock units held by Mr. Vinnakota (who, following the Spin-Off, will continue to serve as a director of the Company and will also serve as a director of ESAB Corporation) were converted on a 50/50 basis into Enovis and ESAB restricted stock units. The number of shares of Company common stock beneficially owned by Mr. Vinnakota that were previously reported on Form 4 have been adjusted in connection with the closing of the Spin-Off to reflect the conversion of 50% of his Company restricted stock units into ESAB restricted stock units, and have also been adjusted to reflect the impact of the 1:3 reverse stock split that was effected by the Company immediately following the Spin-Off.

In connection with the pro-rata spin-off distribution (the "Spin-Off") by the Company of the shares of ESAB Corporation on April 4, 2022, pursuant to the terms of the employee matters agreement between ESAB and the Company, the outstanding Company stock options held by Mr. Vinnakota (who, following the Spin-Off, will continue to serve as a director of the Company and will also serve as a director of ESAB Corporation) were converted on a 50/50 basis into Company and ESAB stock options. The number of Company stock options beneficially owned by Mr. Vinnakota and the related exercise prices that were previously reported on Form 4 have been adjusted in connection with the closing of the Spin-Off to reflect the conversion of 50% of his Company stock options into ESAB stock options, and have also been adjusted to reflect the impact of the 1:3 reverse stock split that was effected by the Company immediately following the Spin-Off.