Louise Brandy - 01 Jun 2023 Form 4 Insider Report for QuidelOrtho Corp (QDEL)

Signature
/s/ Euna Greene, attorney-in-fact for Louise Brandy
Issuer symbol
QDEL
Transactions as of
01 Jun 2023
Net transactions value
-$18,415
Form type
4
Filing time
05 Jun 2023, 18:14:13 UTC
Previous filing
25 May 2023
Next filing
12 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QDEL Common Stock Award $0 +620 +131% $0.000000 1,093 01 Jun 2023 Direct F1
transaction QDEL Common Stock Tax liability $18,415 -215 -20% $85.65 878 01 Jun 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 -620 -33% $0.000000 1,240 01 Jun 2023 Common Stock 620 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 3.
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 620 shares vested on June 1, 2023; the remaining 1,240 shares will vest in equal installments on June 1, 2024 and June 1, 2025.