REINHARDT MAX 4
4 · Orthofix Medical Inc. · Filed Jun 12, 2024
Insider Transaction Report
Form 4
REINHARDT MAX
President, Global Spine
Transactions
- Award
Common Stock
2024-06-10$13.02/sh+14,401$187,501→ 14,401 total - Award
Employee Stock Option (Right to Buy)
2024-06-10+190,731→ 190,731 totalExercise: $13.02Exp: 2031-06-10→ Common Stock (190,731 underlying)
Footnotes (2)
- [F1]The restricted stock units vest with respect to one-third (1/3rd) of the shares of stock covered hereby on each of the first, second and third anniversaries of the Grant Date.
- [F2]33,103 of the stock options vest upon achievement of both service- and performance-based criteria, whichever is the later of (a) the date certain service-based conditions are met (which will be met over three years) and (b) the date that the average closing price of the Company's common stock over a one-month calendar period has been equal to or great than 150% of the closing price of the Company's common stock on the grant date. The remaining 157,628 stock options vest on the third anniversary of the grant date.