SEC Form 4 · accession 0000911916-16-000423
ZIMMER BIOMET HOLDINGS, INC. · ZBH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Chad F Phipps
Officer — Sr. VP/Gen Counsel/Secretary
Period of report
Feb 29, 2016
Accepted (ET)
Mar 2, 2016 · 2:08 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001136869
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F1,F3 | — | Feb 29, 2016 | A | 6,331 | A | — | — | Common Stock | 6,331 | 6,331 | D |
Explanation of responses
- F1Each restricted stock unit ("RSU") represents a contingent right to receive one share of Zimmer Biomet Holdings, Inc. common stock.
- F2On March 18, 2013, the reporting person was granted performance-based RSUs, with the number of RSUs earned to be determined based on the extent to which certain performance conditions were met for a performance period of 2013 - 2015. As determined on February 29, 2016, based on the Company's actual performance for 2013 - 2015, the reporting person earned 6,331 RSUs.
- F3Earned RSUs will vest on March 18, 2016.
Remarks
Exhibit 24 - Power of Attorney