Douglas C. Bryant - Jan 31, 2023 Form 4 Insider Report for QuidelOrtho Corp (QDEL)

Role
President & CEO, Director
Signature
/s/ Phillip S. Askim, attorney-in-fact for Douglas C. Bryant
Stock symbol
QDEL
Transactions as of
Jan 31, 2023
Transactions value $
-$340,534
Form type
4
Date filed
2/2/2023, 04:55 PM
Previous filing
Aug 26, 2022
Next filing
Feb 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QDEL Common Stock Award $0 +6.76K +1.33% $0.00 513K Jan 31, 2023 Direct F1
transaction QDEL Common Stock Tax liability -$292K -3.41K -0.66% $85.61 510K Jan 31, 2023 Direct F2
transaction QDEL Common Stock Award $0 +1.12K +0.22% $0.00 511K Feb 1, 2023 Direct F1
transaction QDEL Common Stock Tax liability -$48.9K -553 -0.11% $88.51 511K Feb 1, 2023 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 QDEL Restricted Stock Units Options Exercise $0 -6.76K -25% $0.00 20.3K Jan 31, 2023 Common Stock 6.76K Direct F3, F4
transaction QDEL Restricted Stock Units Options Exercise $0 -1.12K -33.31% $0.00 2.23K Feb 1, 2023 Common Stock 1.12K Direct F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects release of restricted stock units that were previously reported on a Form 4.
F2 Disposition of shares, as set forth above, was in connection with the Issuer's withholding of common shares to satisfy tax withholding obligations related to the issuance of common shares upon release of restricted stock units.
F3 Each restricted stock unit represents the right to receive one share of QuidelOrtho Corporation common stock.
F4 6,760 shares vested on January 31, 2023; the remaining 20,283 shares will vest in equal installments on January 31, 2024, January 31, 2025 and January 31, 2026.
F5 1,115 shares vested on February 1, 2023; the remaining 2,232 shares will vest in equal installments on February 1, 2024 and February 1, 2025.