Michelle A. Hodges - 31 Jan 2023 Form 4 Insider Report for QuidelOrtho Corp (QDEL)

Signature
/s/ Phillip S. Askim, attorney-in-fact for Michelle A. Hodges
Issuer symbol
QDEL
Transactions as of
31 Jan 2023
Net transactions value
-$69,386
Form type
4
Filing time
02 Feb 2023, 16:57:02 UTC
Previous filing
05 Dec 2022
Next filing
30 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QDEL Common Stock Award $0 +1,609 +53% $0.000000 4,633 31 Jan 2023 Direct F1
transaction QDEL Common Stock Tax liability $55,047 -643 -14% $85.61 3,990 31 Jan 2023 Direct F2
transaction QDEL Common Stock Award $0 +473 +12% $0.000000 4,463 01 Feb 2023 Direct F1
transaction QDEL Common Stock Tax liability $14,339 -162 -3.6% $88.51 4,301 01 Feb 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 -1,609 -25% $0.000000 4,830 31 Jan 2023 Common Stock 1,609 Direct F3, F4
transaction QDEL Restricted Stock Units Options Exercise $0 -473 -33% $0.000000 947 01 Feb 2023 Common Stock 473 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 1,609 shares vested on January 31, 2023; the remaining 4,830 shares will vest in equal installments on January 31, 2024, January 31, 2025 and January 31, 2026.
F5 473 shares vested on February 1, 2023; 473 shares will vest on February 1, 2024; and 474 shares will vest on February 1, 2025.