DOUGLAS C. BRYANT - 11 Feb 2023 Form 4 Insider Report for QuidelOrtho Corp (QDEL)

Role
President & CEO, Director
Signature
/s/ Phillip S. Askim, attorney-in-fact for Douglas C. Bryant
Issuer symbol
QDEL
Transactions as of
11 Feb 2023
Transactions value $
-$392,710
Form type
4
Filing time
14 Feb 2023, 15:44:41 UTC
Previous filing
07 Feb 2023
Next filing
27 Feb 2023
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 +7.31K +1.4% $0.00 529K 11 Feb 2023 Direct F1
transaction QDEL Common Stock Tax liability -$299K -3.45K -0.65% $86.50 526K 11 Feb 2023 Direct F2
transaction QDEL Common Stock Award $0 +2.19K +0.42% $0.00 528K 11 Feb 2023 Direct F1
transaction QDEL Common Stock Tax liability -$94K -1.09K -0.21% $86.50 527K 11 Feb 2023 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 (Converted) Options Exercise $0 -7.31K -100% $0.00* 0 11 Feb 2023 Common Stock 7.31K Direct F3, F4
transaction QDEL Restricted Stock Units (Premium) Options Exercise $0 -2.19K -100% $0.00* 0 11 Feb 2023 Common Stock 2.19K 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 Release of restricted stock units was deferred pursuant to QuidelOrtho's deferred compensation program applicable to participating employees and occurred according to the elected deferred schedule.