Suketu Upadhyay - 14 Feb 2025 Form 4 Insider Report for ZIMMER BIOMET HOLDINGS, INC. (ZBH)

Signature
/s/ Matthew R. St. Louis, Attorney-in-Fact for Suketu Upadhyay (power of attorney previously filed)
Issuer symbol
ZBH
Transactions as of
14 Feb 2025
Transactions value $
-$823,655
Form type
4
Filing time
19 Feb 2025, 17:59:58 UTC
Previous filing
12 Nov 2024
Next filing
24 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZBH Common Stock Options Exercise $0 +21.6K +72.48% $0.00 51.5K 18 Feb 2025 Direct F1
transaction ZBH Common Stock Tax liability -$824K -8.16K -15.85% $101.00 43.3K 18 Feb 2025 Direct F2

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 ZBH Restricted Stock Units Award $0 +21.6K $0.00 21.6K 14 Feb 2025 Common Stock 21.6K Direct F3, F4
transaction ZBH Restricted Stock Units Options Exercise $0 -21.6K -100% $0.00 0 18 Feb 2025 Common Stock 21.6K Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 87 shares acquired under the Employee Stock Purchase Plan through February 18, 2025.
F2 Represents shares withheld by Zimmer Biomet Holdings, Inc. (the "Company") to satisfy tax withholding obligations on the vesting of restricted stock units ("RSUs").
F3 Each RSU represents a contingent right to receive one share of Company common stock.
F4 On February 18, 2022, 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 2022 - 2024. As determined on February 14, 2025, based on actual performance, the reporting person earned 21,622 RSUs, which vested on February 18, 2025.