Joseph M. Busky - Jun 1, 2023 Form 4 Insider Report for QuidelOrtho Corp (QDEL)

Signature
/s/ Phillip S. Askim, attorney-in-fact for Joseph M. Busky
Stock symbol
QDEL
Transactions as of
Jun 1, 2023
Transactions value $
-$140,209
Form type
4
Date filed
6/5/2023, 06:14 PM
Previous filing
Mar 30, 2023
Next filing
Feb 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QDEL Common Stock Award $0 +5.39K +2807.81% $0.00 5.58K Jun 1, 2023 Direct F1, F2
transaction QDEL Common Stock Tax liability -$140K -1.64K -29.32% $85.65 3.95K Jun 1, 2023 Direct F3

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 +5.39K +33.33% $0.00 21.6K Jun 1, 2023 Common Stock 5.39K Direct F4, 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 The amount of securities beneficially owned following this transaction include an additional 192 shares due to the Reporting Person's purchase of shares pursuant to the Issuer's Employee Stock Purchase Plan.
F3 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.
F4 Each restricted stock unit represents the right to receive one share of QuidelOrtho Corporation common stock.
F5 5,391 shares vested on June 1, 2023, 5,391 shares will vest on June 1, 2024 and 5,392 shares will vest on June 1, 2025.