Ajay Kumar - 01 Apr 2022 Form 4/A - Amendment Insider Report for Embecta Corp. (EMBC)

Role
SVP and CHRO
Signature
/s/ John D. Martini (Attorney-in-Fact)
Issuer symbol
EMBC
Transactions as of
01 Apr 2022
Net transactions value
$0
Form type
4/A - Amendment
Filing time
12 May 2022, 18:30:10 UTC
Date Of Original Report
06 Apr 2022
Next filing
06 Apr 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EMBC Common Stock Award $0 +8,907 +66% $0.000000 22,456 04 Apr 2022 Direct F1, 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 EMBC Stock Appreciation Rights Other $0 +4,062 $0.000000 4,062 01 Apr 2022 Common Stock 4,062 $27.97 Direct F3, F4
transaction EMBC Stock Appreciation Rights Other $0 +10,038 +247% $0.000000 14,100 01 Apr 2022 Common Stock 10,038 $29.48 Direct F3, F5
transaction EMBC Stock Appreciation Rights Other $0 +16,239 +115% $0.000000 30,339 01 Apr 2022 Common Stock 16,239 $26.28 Direct F3, F6
transaction EMBC Stock Appreciation Rights Other $0 +4,867 +16% $0.000000 35,206 01 Apr 2022 Common Stock 4,867 $26.28 Direct F3, F6
transaction EMBC Stock Appreciation Rights Other $0 +28,642 +81% $0.000000 63,848 01 Apr 2022 Common Stock 28,642 $28.31 Direct F3, F7
transaction EMBC Stock Appreciation Rights Award $0 +27,225 +43% $0.000000 91,073 04 Apr 2022 Common Stock 27,225 $31.40 Direct F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This Form 4 is being amended to reflect a recalculation of the Time Vested Units ("TVUs") that the reporting person received on April 4, 2022 in connection with Embecta's spinoff from Becton, Dickinson and Company ("BD") on April 1, 2022.
F2 This Form 4 now includes 6,149 TVUs and 7,371 performance share units ("PSUs") that were received by the reporting person when he was employed by BD, which were later converted to Embecta TVUs in connection with Embecta's spinoff from BD on April 1, 2022, as well as 29 shares of Embecta that the reporting person received as a dividend in connection with the spinoff.
F3 This Form 4 now includes Stock Appreciation Rights ("SARs") that were received by the reporting person when he was employed by BD, which were later converted to Embecta SARs in connection with Embecta's spinoff from BD on April 1, 2022.
F4 The SARs vest in four annual installments beginning November 26, 2019.
F5 The SARs vest in four annual installments beginning November 26, 2020.
F6 The SARs vest in four annual installments beginning November 26, 2021.
F7 The SARs vest in four annual installments beginning November 26, 2022.
F8 This Form 4 is being amended to reflect a recalculation of the SARs that the reporting person received on April 4, 2022 in connection with Embecta's spinoff from BD.

Remarks:

The Power of Attorney dated April 5, 2022 is incorporated herein by reference.