4//SEC Filing
Hill Andrew James 4
Accession 0000950170-25-056361
CIK 0001531978other
Filed
Apr 20, 8:00 PM ET
Accepted
Apr 21, 5:00 PM ET
Size
8.5 KB
Accession
0000950170-25-056361
Insider Transaction Report
Form 4
Hill Andrew James
EVP of Research & Development
Transactions
- Disposition to Issuer
Performance Stock Unit
2025-04-21−10,818→ 0 total→ Common Stock (10,818 underlying) - Disposition to Issuer
Common Stock
2025-04-21−126,397→ 0 total
Footnotes (3)
- [F1]In connection with the terms of an Agreement and Plan of Merger, dated January 28, 2025 (the "Merger Agreement"), by and among the Issuer, Zimmer Biomet Holdings, Inc., Zimmer, Inc. ("Parent"), and Gazelle Merger Sub I, Inc., a wholly owned subsidiary of Parent ("Merger Sub"), Merger Sub merged with and into the Issuer, with the Issuer continuing as the surviving corporation and a wholly owned subsidiary of Parent upon consummation of the merger (the "Effective Time").
- [F2]At the Effective Time, each outstanding share of Common Stock was automatically converted into the right to receive (i) $13.00 in cash, without interest (the "Cash Consideration") and (ii) one contractual contingent value right ("CVR") per share representing the right to receive a contingent payment of up to $1.00 in cash upon achievement of specified milestones, as specified further in the CVR Agreement, by and among Parent, Equiniti Trust Company, LLC, as rights agent, and, for certain provisions, Zimmer Biomet Holdings, Inc., as guarantor.
- [F3]At the Effective Time, each outstanding (i) restricted stock unit ("RSU") solely subject to time-based vesting conditions and (ii) RSU subject to both performance-based and time-based vesting conditions ("PSU") vested and was canceled, with the holder thereof entitled to receive, with respect to each share of Common Stock underlying such award (with the PSUs vesting at 140% of the target number of shares of Common Stock subject to such PSUs), (x) the Cash Consideration and (y) one CVR.
Documents
Issuer
Paragon 28, Inc.
CIK 0001531978
Entity typeother
Related Parties
1- filerCIK 0002014320
Filing Metadata
- Form type
- 4
- Filed
- Apr 20, 8:00 PM ET
- Accepted
- Apr 21, 5:00 PM ET
- Size
- 8.5 KB