ZIMMER BIOMET HOLDINGS, INC. 4
4 · ZIMMER BIOMET HOLDINGS, INC. · Filed Mar 21, 2017
Insider Transaction Report
Form 4
DVORAK DAVID C
DirectorPresident and CEO
Transactions
- Tax Payment
Common Stock
2017-03-17$120.47/sh−11,151$1,343,361→ 282,926 total - Exercise/Conversion
Restricted Stock Units
2017-03-17−23,929→ 0 total→ Common Stock (23,929 underlying) - Exercise/Conversion
Common Stock
2017-03-17+23,929→ 294,077 total - Sale
Common Stock
2017-03-20$121.63/sh−1,040$126,495→ 281,886 total
Footnotes (5)
- [F1]Represents shares withheld by Zimmer Biomet Holdings, Inc. to satisfy tax withholding obligations on the vesting of restricted stock units.
- [F2]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 September 14, 2016.
- [F3]Represents the sale of 1,040 shares in multiple transactions, ranging in price from $121.55 to $121.69 per share, resulting in a weighted average sale price of $121.627. 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.
- [F4]Each restricted stock unit ("RSU") represents a contingent right to receive one share of Zimmer Biomet Holdings, Inc. common stock.
- [F5]The earned RSUs vested on March 17, 2017.