Eric Conley - 25 Feb 2023 Form 4 Insider Report for Envista Holdings Corp (NVST)

Role: SVP, Orthodontics
Signature: /s/ Heather Turner, By POA from Eric Conley
Issuer symbol: NVST
Transactions as of: 25 Feb 2023
Net transactions value: -$24,098
Form type: 4
Filing time: 28 Feb 2023, 15:51:57 UTC
Previous filing: 22 Feb 2023
Next filing: 06 Apr 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NVST	Common Stock	Tax liability	$24,098	-630	-2.5%	$38.25	24,258	25 Feb 2023	Direct	F1
transaction	NVST	Common Stock	Award	$0	+4,580	+19%	$0.000000	28,838	25 Feb 2023	Direct	F2
transaction	NVST	Common Stock	Award	$0	+16,995	+59%	$0.000000	45,833	25 Feb 2023	Direct	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)	Award	$0	+10,980		$0.000000	10,980	25 Feb 2023	Common Stock	10,980	$38.25	Direct	F4
transaction	NVST	Performance Share Unit	Award	$0	+8,315		$0.000000	8,315	25 Feb 2023	Common Stock	8,315		Direct	F5

* 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	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. Each RSU will convert on a 1-for-1 basis, in shares of the Issuer's common stock.
F3	Consist of RSUs that will vest as to 50% on February 25, 2025 and 50% on February 25, 2026, subject to continued service through each such date. Each RSU will convert on a 1-for-1 basis, in shares of the Issuer's common stock.
F4	This Option will vest ratably on each anniversary of the date of grant over three years, subject to continued service through each such date.
F5	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.