MICHELSON MICHAEL W 4
4 · ZIMMER BIOMET HOLDINGS, INC. · Filed Apr 4, 2022
Insider Transaction Report
Form 4
MICHELSON MICHAEL W
Director
Transactions
- Award
Phantom Stock Units
2022-03-31+213.46→ 9,234.46 totalExercise: $128.83→ Common Stock (213.46 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 a lump sum within sixty days after cessation of the reporting person's service as a Director.
- [F4]Includes 17.363 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.