KENNETH F. BUECHLER - 27 May 2022 Form 4 Insider Report for QuidelOrtho Corp (QDEL)

Role
Director
Signature
/s/ Phillip S. Askim, attorney-in-fact for Kenneth F. Buechler
Issuer symbol
QDEL
Transactions as of
27 May 2022
Net transactions value
$0
Form type
4
Filing time
01 Jun 2022, 17:41:37 UTC
Previous filing
20 May 2022
Next filing
08 Jun 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QDEL Common Stock Award +70,288 70,288 27 May 2022 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction QDEL Non-Qualified Stock Options Award $0 +8,081 $0.000000 8,081 27 May 2022 Common Stock 8,081 $23.70 Direct F2, F3
transaction QDEL Non-Qualified Stock Options Award $0 +9,041 $0.000000 9,041 27 May 2022 Common Stock 9,041 $21.07 Direct F2, F3
transaction QDEL Non-Qualified Stock Options Award $0 +7,021 $0.000000 7,021 27 May 2022 Common Stock 7,021 $22.86 Direct F2, F3
transaction QDEL Non-Qualified Stock Options Award $0 +1,811 $0.000000 1,811 27 May 2022 Common Stock 1,811 $21.29 Direct F2, F3
transaction QDEL Non-Qualified Stock Options Award $0 +9,215 $0.000000 9,215 27 May 2022 Common Stock 9,215 $15.74 Direct F2, F3
transaction QDEL Non-Qualified Stock Options Award $0 +5,851 $0.000000 5,851 27 May 2022 Common Stock 5,851 $24.80 Direct F2, F3
transaction QDEL Restricted Stock Units Award $0 +2,436 $0.000000 2,436 27 May 2022 Common Stock 2,436 Direct F4, F5, F6
transaction QDEL Restricted Stock Units Award $0 +3,145 $0.000000 3,145 27 May 2022 Common Stock 3,145 Direct F4, F5, F6
transaction QDEL Restricted Stock Units Award $0 +2,839 $0.000000 2,839 27 May 2022 Common Stock 2,839 Direct F4, F5, F6
transaction QDEL Restricted Stock Units Award $0 +1,617 $0.000000 1,617 27 May 2022 Common Stock 1,617 Direct F4, F5, F6
transaction QDEL Restricted Stock Units Award $0 +485 $0.000000 485 27 May 2022 Common Stock 485 Direct F4, F5, F6
transaction QDEL Restricted Stock Units Award $0 +506 $0.000000 506 27 May 2022 Common Stock 506 Direct F4, F5, F6
transaction QDEL Restricted Stock Units Award $0 +151 $0.000000 151 27 May 2022 Common Stock 151 Direct F4, F5, F6
transaction QDEL Restricted Stock Units Award $0 +789 $0.000000 789 27 May 2022 Common Stock 789 Direct F4, F5, F6
transaction QDEL Restricted Stock Units Award $0 +236 $0.000000 236 27 May 2022 Common Stock 236 Direct F4, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Pursuant to the Business Combination Agreement, dated as of December 22, 2021 (the "Business Combination Agreement") by and among Quidel Corporation ("Quidel"), Ortho Clinical Diagnostics Holdings plc, QuidelOrtho Corporation ("QuidelOrtho"), Orca Holdco, Inc., Laguna Merger Sub, Inc. and Orca Holdco 2, Inc., each share of common stock of Quidel beneficially owned by the Reporting Person at the effective time of the transaction contemplated by the Business Combination Agreement was exchanged for one share of common stock of QuidelOrtho.
F2 Pursuant to the Business Combination Agreement, the Quidel Non-Qualified Stock Options were converted into an equal number of Non-Qualified Stock Options to purchase shares of common stock of QuidelOrtho on the same terms and conditions (including applicable vesting conditions).
F3 Vested in full.
F4 Each restricted stock unit represents the right to receive one share of QuidelOrtho common stock.
F5 Pursuant to the Business Combination Agreement, the Quidel restricted stock units were converted into an equal number of restricted stock units representing the right to receive shares of common stock of QuidelOrtho on the same terms and conditions (including applicable vesting conditions).
F6 Release of restricted stock units was deferred pursuant to QuidelOrtho's deferred compensation program applicable to participating non-employee directors and will occur according to the elected deferral schedule.