Howard H. Yu - 25 Feb 2022 Form 4 Insider Report for Envista Holdings Corp (NVST)

Role: Chief Financial Officer
Signature: /s/ Heather Turner, Attorney-in-Fact
Issuer symbol: NVST
Transactions as of: 25 Feb 2022
Transactions value $: $-309,138
Form type: 4
Filing time: 01 Mar 2022, 15:44:41 UTC
Previous filing: 28 Feb 2022
Next filing: 22 Mar 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NVST	Common Stock	Tax liability	$-137,118	-2,826	-5.01%	$48.52	53,620	25 Feb 2022	Direct	F1, F2
transaction	NVST	Common Stock	Award	$0	+7,730	+14.4%	$0.000000	61,350	25 Feb 2022	Direct	F3
transaction	NVST	Common Stock	Sale	$-172,020	-3,598	-5.86%	$47.81	57,752	25 Feb 2022	Direct	F4, F5

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	NVST	Employee Stock Option (Right to Buy)	Award	$0	+21,560		$0.000000	21,560	25 Feb 2022	Common Stock	21,560	$48.52	Direct	F6
transaction	NVST	Performance Share Unit	Award	$0	+14,045		$0.000000	14,045	25 Feb 2022	Common Stock	14,045		Direct	F7

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

Explanation of Responses:

Id	Content
F1	Represents shares of the Issuer's common stock withheld to satisfy tax withholding obligations applicable to the vesting of stock-settled Restricted Stock Units ("RSU").
F2	Includes the net balance of RSUs resulting from the vesting of and related tax withholding transaction noted herein. Each RSU will convert on a 1-for-1 basis, in shares of the Issuer's common stock.
F3	Consists of RSUs that will vest ratably on each anniversary of the date of grant over three years, subject to continued service through each such date.
F4	The sales reported were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person.
F5	The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $47.71 to $48.02, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (5) to this Form 4.
F6	This Option will vest ratably on each anniversary of the date of grant over three years, subject to continued service through each such date.
F7	Consists of Performance Share Units ("PSUs") that will vest, if at all, based on certification of achievement of identified performance measures over a three-year performance period. The amount reported represents the amount of shares payable at target performance; the Reporting Person could earn 0%-200% of the amount reported depending on the level of performance achieved.