Howard H. Yu - 23 Dec 2021 Form 4 Insider Report for Envista Holdings Corp (NVST)

Signature
/s/ Heather Turner, Attorney-in-Fact
Issuer symbol
NVST
Transactions as of
23 Dec 2021
Transactions value $
-$101,143
Form type
4
Filing time
28 Dec 2021, 15:55:23 UTC
Previous filing
19 Nov 2021
Next filing
28 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NVST Common Stock Options Exercise $77.1K +3.95K +6.75% $19.49 62.5K 23 Dec 2021 Direct F1
transaction NVST Common Stock Sale -$178K -3.95K -6.32% $45.07 58.6K 23 Dec 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 -3.95K -33.33% $0.00 7.91K 23 Dec 2021 Common Stock 3.95K $19.49 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These Options were originally granted by Danaher and, pursuant to the terms of the Employee Matters Agreement, were adjusted into Options 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 $45.00 to $45.48, 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 The Option will vest as to 3,954 shares of Issuer common stock on November 15, 2022 and as to 3,956 shares of Issuer common stock on November 15, 2023, subject to continued service through each such date. The remainder of the Option is fully vested.