Howard H. Yu - Feb 25, 2022 Form 4 Insider Report for Envista Holdings Corp (NVST)

Role
Chief Financial Officer
Signature
/s/ Heather Turner, Attorney-in-Fact
Stock symbol
NVST
Transactions as of
Feb 25, 2022
Transactions value $
-$309,138
Form type
4
Date filed
3/1/2022, 03:44 PM
Previous filing
Feb 28, 2022
Next filing
Mar 22, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NVST Common Stock Tax liability -$137K -2.83K -5.01% $48.52 53.6K Feb 25, 2022 Direct F1, F2
transaction NVST Common Stock Award $0 +7.73K +14.42% $0.00 61.4K Feb 25, 2022 Direct F3
transaction NVST Common Stock Sale -$172K -3.6K -5.86% $47.81 57.8K Feb 25, 2022 Direct F4, F5

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) Award $0 +21.6K $0.00 21.6K Feb 25, 2022 Common Stock 21.6K $48.52 Direct F6
transaction NVST Performance Share Unit Award $0 +14K $0.00 14K Feb 25, 2022 Common Stock 14K Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of the Issuer's common stock withheld to satisfy tax withholding obligations applicable to the vesting of stock-settled Restricted Stock Units ("RSU").
F2 Includes the net balance of RSUs resulting from the vesting of and related tax withholding transaction noted herein. Each RSU will convert on a 1-for-1 basis, in shares of the Issuer's common stock.
F3 Consists of RSUs that will vest ratably on each anniversary of the date of grant over three years, subject to continued service through each such date.
F4 The sales reported were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person.
F5 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $47.71 to $48.02, 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 (5) to this Form 4.
F6 This Option will vest ratably on each anniversary of the date of grant over three years, subject to continued service through each such date.
F7 Consists of Performance Share Units ("PSUs") that will vest, if at all, based on certification of achievement of identified performance measures over a three-year performance period. The amount reported represents the amount of shares payable at target performance; the Reporting Person could earn 0%-200% of the amount reported depending on the level of performance achieved.