0001062993-22-006628.txt : 20220303
0001062993-22-006628.hdr.sgml : 20220303
20220303160559
ACCESSION NUMBER: 0001062993-22-006628
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220301
FILED AS OF DATE: 20220303
DATE AS OF CHANGE: 20220303
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Davis Derek M
CENTRAL INDEX KEY: 0001399228
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-16407
FILM NUMBER: 22708648
MAIL ADDRESS:
STREET 1: C/O ZIMMER, INC.
STREET 2: PO BOX 708
CITY: WARSAW
STATE: IN
ZIP: 46580
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: ZIMMER BIOMET HOLDINGS, INC.
CENTRAL INDEX KEY: 0001136869
STANDARD INDUSTRIAL CLASSIFICATION: ORTHOPEDIC, PROSTHETIC & SURGICAL APPLIANCES & SUPPLIES [3842]
IRS NUMBER: 134151777
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 345 EAST MAIN STREET
CITY: WARSAW
STATE: IN
ZIP: 46580
BUSINESS PHONE: 5742676131
MAIL ADDRESS:
STREET 1: 345 EAST MAIN STREET
CITY: WARSAW
STATE: IN
ZIP: 46580
FORMER COMPANY:
FORMER CONFORMED NAME: ZIMMER HOLDINGS INC
DATE OF NAME CHANGE: 20010315
4
1
form4.xml
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
X0306
4
2022-03-01
0001136869
ZIMMER BIOMET HOLDINGS, INC.
ZBH
0001399228
Davis Derek M
345 E. MAIN STREET
WARSAW
IN
46580
0
1
0
0
Interim Controller & CAO
Restricted Stock Units
2022-03-01
4
A
0
661
0
A
2023-02-21
2023-02-21
Common Stock
661
661
D
Restricted Stock Units
2022-03-01
4
A
0
1026
0
A
2024-02-25
2024-02-25
Common Stock
1026
1026
D
Each restricted stock unit ("RSU") represents a contingent right to receive one share of Zimmer Biomet Holdings, Inc. common stock.
In connection with the Company's spinoff of ZimVie Inc., certain performance-based restricted stock units ("PRSUs") held by Company employees, included the reporting person, were converted into time-based RSUs. Effective as of March 1, 2022, PRSU awards granted in 2020 were converted into RSUs at a 50% payout level and PRSU awards granted in 2021 were converted into RSUs at an 82.5% payout level. The vesting date of these awards remains the same, with the RSUs converted from 2020 PRSUs and 2021 PRSUs scheduled to vest on February 21, 2023 and February 25, 2024, respectively. Further, in connection with the spinoff, the RSUs will be adjusted pursuant to an exchange ratio, in order to preserve the intrinsic value of the original award. The RSUs reported on this Form 4 reflect the number of RSUs following conversion from PRSUs, but do not reflect the exchange ratio adjustment, as such calculations have not yet been completed.
/s/ Matthew R. St. Louis, Attorney-in-Fact for Derek M. Davis (power of attorney previously filed)
2022-03-03