Michelle A. Hodges - 08 Nov 2022 Form 4 Insider Report for QuidelOrtho Corp (QDEL)

Role
SVP, General Counsel
Signature
/s/ Phillip S. Askim, attorney-in-fact for Michelle A. Hodges
Issuer symbol
QDEL
Transactions as of
08 Nov 2022
Net transactions value
-$172,662
Form type
4
Filing time
10 Nov 2022, 15:05:20 UTC
Previous filing
17 Oct 2022
Next filing
05 Dec 2022
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 +3,970 +439% $0.000000 4,874 08 Nov 2022 Direct F1
transaction QDEL Common Stock Tax liability $172,662 -1,969 -40% $87.69 2,905 08 Nov 2022 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 QDEL Restricted Stock Units Options Exercise $0 -3,970 -33% $0.000000 7,940 08 Nov 2022 Common Stock 3,970 Direct F3, F4
* 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 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.
F3 Each restricted stock unit represents the right to receive one share of QuidelOrtho Corporation common stock.
F4 3,970 shares vested on November 8, 2022; the remaining 7,940 shares will vest in equal installments on November 8, 2023 and November 8, 2024.