Werner Kroll - Feb 11, 2023 Form 4 Insider Report for QuidelOrtho Corp (QDEL)

Role
SVP, Research & Development
Signature
/s/ Phillip S. Askim, attorney-in-fact for Werner Kroll
Stock symbol
QDEL
Transactions as of
Feb 11, 2023
Transactions value $
-$147,483
Form type
4
Date filed
2/14/2023, 03:46 PM
Previous filing
Feb 7, 2023
Next filing
Mar 30, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QDEL Common Stock Award $0 +2.74K +10.39% $0.00 29.1K Feb 11, 2023 Direct F1
transaction QDEL Common Stock Tax liability -$112K -1.3K -4.45% $86.50 27.8K Feb 11, 2023 Direct F2
transaction QDEL Common Stock Award $0 +823 +2.96% $0.00 28.7K Feb 11, 2023 Direct F1
transaction QDEL Common Stock Tax liability -$35.4K -409 -1.43% $86.50 28.3K Feb 11, 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 (Converted) Options Exercise $0 -2.74K -100% $0.00* 0 Feb 11, 2023 Common Stock 2.74K Direct F3, F4
transaction QDEL Restricted Stock Units (Premium) Options Exercise $0 -823 -100% $0.00* 0 Feb 11, 2023 Common Stock 823 Direct F3, F4
* 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 Release of restricted stock units was deferred pursuant to QuidelOrtho's deferred compensation program applicable to participating employees and occurred according to the elected deferred schedule.