Werner Kroll - 31 Jan 2024 Form 4 Insider Report for QuidelOrtho Corp (QDEL)

Role
SVP, Research & Development
Signature
/s/ Phillip S. Askim, attorney-in-fact for Werner Kroll
Issuer symbol
QDEL
Transactions as of
31 Jan 2024
Net transactions value
-$257,050
Form type
4
Filing time
02 Feb 2024, 20:09:56 UTC
Previous filing
01 Aug 2023
Next filing
05 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QDEL Common Stock Award $0 +3,628 +12% $0.000000 33,343 31 Jan 2024 Direct F1, F2
transaction QDEL Common Stock Tax liability $133,320 -1,946 -5.8% $68.51 31,397 31 Jan 2024 Direct F3
transaction QDEL Common Stock Award $0 +3,547 +11% $0.000000 34,944 31 Jan 2024 Direct F1
transaction QDEL Common Stock Tax liability $123,729 -1,806 -5.2% $68.51 33,138 31 Jan 2024 Direct F3

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 Restricted Stock Units Options Exercise $0 -3,628 -50% $0.000000 3,628 31 Jan 2024 Common Stock 3,628 Direct F4, F5
transaction QDEL Restricted Stock Units Options Exercise $0 -3,547 -50% $0.000000 3,548 31 Jan 2024 Common Stock 3,547 Direct F4, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects release of restricted stock units that were previously reported on a Form 4.
F2 The amount of shares beneficially owned following this transaction includes an additional 76 shares due to the Reporting Person's purchase of shares pursuant to the Issuer's Employee Stock Purchase Plan.
F3 Disposition of shares, as set forth above, was in connection with the Issuer's withholding of common shares to satisfy tax withholding obligations related to the issuance of common shares upon release of restricted stock units.
F4 Each restricted stock unit represents the right to receive one share of QuidelOrtho Corporation common stock.
F5 3,628 shares vested on January 31, 2024; the remining 3,628 shares will vest in equal installments on January 31, 2025 and January 31, 2026.
F6 3,547 shares vested on January 31, 2024; 3,548 shares will vest on January 31, 2025.