SEC Form 4 · accession 0000911916-16-000401
ZIMMER BIOMET HOLDINGS, INC. · ZBH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David C Dvorak
Officer — President and CEO · Director
Period of report
Jan 8, 2016
Accepted (ET)
Jan 12, 2016 · 4:27 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001136869
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Jan 8, 2016 | M | 20,464 | $71.06 | A | 254,627 | D | |
| Common StockF3,F4 | Jan 8, 2016 | S | 16,237 | $102.71 | D | 238,390 | D | |
| Common StockF1 | Jan 8, 2016 | M | 34,536 | $71.06 | A | 272,926 | D | |
| Common StockF3,F5 | Jan 8, 2016 | S | 28,424 | $102.32 | D | 244,502 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F6 | $71.06 | Jan 8, 2016 | M | 20,464 | D | — | Jan 18, 2016 | Common Stock | 20,464 | 34,536 | D |
| Employee Stock Option (right to buy)F6 | $71.06 | Jan 8, 2016 | M | 34,536 | D | — | Jan 18, 2016 | Common Stock | 34,536 | 0 | D |
Explanation of responses
- F1Securities acquired pursuant to a written plan intended to comply with Rule 10b5-1(c)(1) adopted by Mr. Dvorak on September 4, 2015.
- F2Includes 162 shares acquired under the Zimmer Biomet Holdings, Inc. Employee Stock Purchase Plan between April 27, 2015 and November 2, 2015.
- F3Securities sold to cover option exercise cost, taxes and fess pursuant to a written plan intended to comply with Rule 10b5-1(c)(1) adopted by Mr. Dvorak on September 4, 2015.
- F4Represents the sale of 16,237 shares in multiple transactions, ranging in price from $102.20 to $103.04 per share, resulting in a weighted average sale price of $102.71. 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.
- F5Represents the sale of 28,424 shares in multiple transactions, ranging in price from $101.8301 to $102.65 per share, resulting in a weighted average sale price of $102.32. 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.
- F6Vested annually over four years in increments of 25% each year commencing on January 18, 2007.