ZIMMER BIOMET HOLDINGS, INC. 4
4 · ZIMMER BIOMET HOLDINGS, INC. · Filed Mar 22, 2016
Insider Transaction Report
Form 4
DVORAK DAVID C
DirectorPresident and CEO
Transactions
- Tax Payment
Common Stock
2016-03-18$103.97/sh−15,290$1,589,701→ 262,126 total - Sale
Common Stock
2016-03-21$104.16/sh−1,540$160,403→ 260,586 total - Exercise/Conversion
Common Stock
2016-03-18+32,810→ 277,416 total - Exercise/Conversion
Restricted Stock Units
2016-03-18−32,810→ 0 total→ Common Stock (32,810 underlying)
Footnotes (6)
- [F1]Includes 104 shares acquired under the Zimmer Biomet Holdings, Inc. Employee Stock Purchase Plan between December 31, 2015 and February 1, 2016.
- [F2]Represents shares withheld by Zimmer Biomet Holdings, Inc. to satisfy tax withholding obligations on the vesting of restricted stock units.
- [F3]Securities sold to cover additional taxes on the vesting of restricted stock units pursuant to a written plan intended to comply with Rule 10b5-1(c)(1) adopted by Mr. Dvorak on February 24, 2016.
- [F4]Represents the sale of 1,540 shares in multiple transactions, ranging in price from $104.14 to $104.20 per share, resulting in a weighted average sale price of $104.1579. The reporting person will provide, upon request by the SEC staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each price within the range.
- [F5]Each restricted stock unit ("RSU") represents a contingent right to receive one share of Zimmer Biomet Holdings, Inc. common stock.
- [F6]The earned RSUs vested on March 18, 2016.