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

Role
SVP, Orthodontics
Signature
/s/ Heather Turner, By POA from Eric Conley
Stock symbol
NVST
Transactions as of
Feb 25, 2023
Transactions value $
-$24,098
Form type
4
Date filed
2/28/2023, 03:51 PM
Previous filing
Feb 22, 2023
Next filing
Apr 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NVST Common Stock Tax liability -$24.1K -630 -2.53% $38.25 24.3K Feb 25, 2023 Direct F1
transaction NVST Common Stock Award $0 +4.58K +18.88% $0.00 28.8K Feb 25, 2023 Direct F2
transaction NVST Common Stock Award $0 +17K +58.93% $0.00 45.8K Feb 25, 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 +11K $0.00 11K Feb 25, 2023 Common Stock 11K $38.25 Direct F4
transaction NVST Performance Share Unit Award $0 +8.32K $0.00 8.32K Feb 25, 2023 Common Stock 8.32K 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.