BERNARD BETSY J 4
4 · ZIMMER BIOMET HOLDINGS, INC. · Filed Apr 4, 2022
Insider Transaction Report
Form 4
BERNARD BETSY J
Director
Transactions
- Award
Phantom Stock Units
2022-03-31+242.568→ 15,748.568 totalExercise: $128.83→ Common Stock (242.568 underlying)
Footnotes (5)
- [F1]The phantom stock units were accrued under the Zimmer Biomet Holdings, Inc. (the "Company") Deferred Compensation Plan for Non-Employee Directors.
- [F2]The Conversion or Exercise Price of Derivative Security is 1-for-1.
- [F3]Units are to be settled in cash in four annual installments commencing within sixty days after the end of the calendar year in which the cessation of the reporting person's service as a Director occurs.
- [F4]Includes 30.101 phantom stock units accrued on January 31, 2022 under the dividend reinvestment provision of the Zimmer Biomet Holdings, Inc. Deferred Compensation Plan for Non-Employee Directors.
- [F5]Holdings reflect the adjustments that occurred as of March 1, 2022 in connection with the Company's spinoff of Zimvie Inc. In connection with the spinoff, each outstanding phantom stock unit was adjusted to preserve the intrinsic value of such award by multiplying it by an equity exchange ratio, rounded up to the nearest whole unit.