Julie Andrews - 15 Jan 2024 Form 4 Insider Report for Orthofix Medical Inc. (OFIX)

Role
CFO
Signature
/s/ Kimberley Elting, attorney-in-fact
Issuer symbol
OFIX
Transactions as of
15 Jan 2024
Net transactions value
+$450,000
Form type
4
Filing time
17 Jan 2024, 19:22:22 UTC
Previous filing
05 Jun 2023
Next filing
10 Jun 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OFIX Common Stock Award $450,000 +32,967 $13.65 32,967 15 Jan 2024 Direct F1

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 +76,878 $0.000000 76,878 15 Jan 2024 Common Stock 76,878 $13.65 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 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.