Michelle A. Hodges - 25 May 2023 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
25 May 2023
Net transactions value
-$12,369
Form type
4
Filing time
30 May 2023, 16:05:19 UTC
Previous filing
30 Mar 2023
Next filing
17 Oct 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 +420 +9.8% $0.000000 4,721 25 May 2023 Direct F1
transaction QDEL Common Stock Tax liability $12,369 -146 -3.1% $84.72 4,575 25 May 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 Options Exercise $0 -420 -33% $0.000000 840 25 May 2023 Common Stock 420 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 420 shares vested on May 25, 2023; the remaining 840 shares will vest in equal installments on May 25, 2024 and May 25, 2025.