Kimberley A. Elting - Jan 5, 2024 Form 4 Insider Report for Orthofix Medical Inc. (OFIX)

Role
President, Global Orthopedics
Signature
/s/ Kimberley A. Elting
Stock symbol
OFIX
Transactions as of
Jan 5, 2024
Transactions value $
-$316,237
Form type
4
Date filed
1/9/2024, 04:44 PM
Previous filing
Jan 5, 2024
Next filing
Feb 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OFIX Common Stock Tax liability -$66.2K -5.23K -2.32% $12.67 220K Jan 5, 2024 Direct F1
transaction OFIX Common Stock Award -$250K -18.8K -7.3% $13.29 239K Jan 8, 2024 Direct F1, 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 OFIX Employee Stock Option (Right to Buy) Award $0 +43.9K $0.00 43.9K Jan 8, 2023 Common Stock 43.9K $13.29 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 157,609 previously reported unvested restricted stock units.
F2 The restricted stock units vest with respect to one-third (1/3rd) of the shares of stock covered hereby on each of the first, second and third anniversaries of the Grant Date.
F3 The options vest and become exercisable with respect to one-third (1/3rd) of the shares covered thereby on the first anniversary of the Grant Date and one-twelfth (1/12th) of the shares covered thereby on each of the 15-month, 18-month, 21-month, 24-month, 27-month, 30-month, 33-month and 36-month anniversaries of the Grant Date.