Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ENOV | Common Stock, par value $.001 | Other | $0 | -2.88K | -4.83% | $0.00 | 56.8K | Apr 5, 2022 | Direct | F1, F2, F3 |
transaction | ENOV | Common Stock, par value $.001 | Other | $0 | -1.33K | -2.34% | $0.00 | 55.5K | Apr 5, 2022 | Direct | F1, F2, F4 |
transaction | ENOV | Common Stock, par value $.001 | Other | $0 | -2.45K | -4.42% | $0.00 | 53K | Apr 5, 2022 | Direct | F1, F2, F5 |
transaction | ENOV | Common Stock, par value $.001 | Other | $0 | -7.07K | -13.33% | $0.00 | 46K | Apr 5, 2022 | Direct | F1, F2, F6 |
Id | Content |
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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. Hix (who, following the Spin-Off, will continue to serve as EVP and Chief Financial Officer 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. Hix 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 | Each restricted stock unit represents a contingent right to receive one share of Enovis common stock. |
F3 | These restricted stock units vest in a single installment on December 13, 2022. |
F4 | These restricted stock units vest in a single installment on February 24, 2023. |
F5 | These restricted stock units vest in two equal installments on February 22, 2023 and February 22, 2024. |
F6 | These restricted stock units vest in three equal installments beginning on February 17, 2023. |