Mark Nance - Jun 11, 2021 Form 4 Insider Report for Envista Holdings Corp (NVST)

Signature
Heather Turner, attorney in fact
Stock symbol
NVST
Transactions as of
Jun 11, 2021
Transactions value $
-$247,068
Form type
4
Date filed
6/15/2021, 04:36 PM
Next filing
Jul 16, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NVST Common Stock Options Exercise $160K +5.91K +20.78% $27.05 34.3K Jun 11, 2021 Direct F1
transaction NVST Common Stock Sale -$260K -5.91K -17.2% $44.05 28.4K Jun 11, 2021 Direct F2, F3
transaction NVST Common Stock Options Exercise $221K +8.36K +29.41% $26.50 36.8K Jun 11, 2021 Direct
transaction NVST Common Stock Sale -$368K -8.36K -22.72% $44.05 28.4K Jun 11, 2021 Direct F2, 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 NVST Employee Stock Option (Right to Buy) Options Exercise $0 -5.91K -20% $0.00 23.6K Jun 11, 2021 Common Stock 5.91K $27.05 Direct F1, F4
transaction NVST Employee Stock Option (Right to Buy) Options Exercise $0 -8.36K -20% $0.00 33.4K Jun 11, 2021 Common Stock 8.36K $26.50 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This Option was originally granted by Danaher and, pursuant to the terms of the Employee Matters Agreement, was adjusted into an Option relating to shares of Issuer common stock in connection with the Separation.
F2 The sales reported were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person.
F3 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $43.99 to $44.14, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (3) to this Form 4.
F4 This Option will vest as to 5,905 shares of Issuer common stock each of July 15, 2020, July 15, 2021, July 15, 2022 and July 15, 2023 and as to 5,907 shares of Issuer common stock on July 15, 2024, subject to continued service through each such date.
F5 This Option will vest ratably on each anniversary of the date of grant over five years, subject to continued service through each such date.