Kimberley A. Elting - 05 Jan 2024 Form 4 Insider Report for Orthofix Medical Inc. (OFIX)

Role: President, Global Orthopedics
Signature: /s/ Kimberley A. Elting
Issuer symbol: OFIX
Transactions as of: 05 Jan 2024
Net transactions value: -$316,237
Form type: 4
Filing time: 09 Jan 2024, 16:44:04 UTC
Previous filing: 05 Jan 2024
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	OFIX	Common Stock	Tax liability	$66,239	-5,228	-2.3%	$12.67	220,187	05 Jan 2024	Direct	F1
transaction	OFIX	Common Stock	Award	$249,998	-18,811	-7.3%	$13.29	238,998	08 Jan 2024	Direct	F1, 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	OFIX	Employee Stock Option (Right to Buy)	Award	$0	+43,867		$0.000000	43,867	08 Jan 2023	Common Stock	43,867	$13.29	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes 157,609 previously reported unvested restricted stock units.
F2	The restricted stock units vest with respect to one-third (1/3rd) of the shares of stock covered hereby on each of the first, second and third anniversaries of the Grant Date.
F3	The options vest and become exercisable with respect to one-third (1/3rd) of the shares covered thereby on the first anniversary of the Grant Date and one-twelfth (1/12th) of the shares covered thereby on each of the 15-month, 18-month, 21-month, 24-month, 27-month, 30-month, 33-month and 36-month anniversaries of the Grant Date.