0000899243-22-009760.txt : 20220307
0000899243-22-009760.hdr.sgml : 20220307
20220307191133
ACCESSION NUMBER: 0000899243-22-009760
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220301
FILED AS OF DATE: 20220307
DATE AS OF CHANGE: 20220307
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Jamali Vafa
CENTRAL INDEX KEY: 0001908985
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-41242
FILM NUMBER: 22719858
MAIL ADDRESS:
STREET 1: C/O ZIMVIE INC.
STREET 2: 10225 WESTMOOR DRIVE
CITY: WESTMINSTER
STATE: CO
ZIP: 80021
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: ZimVie Inc.
CENTRAL INDEX KEY: 0001876588
STANDARD INDUSTRIAL CLASSIFICATION: DENTAL EQUIPMENT & SUPPLIES [3843]
IRS NUMBER: 000000000
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 10225 WESTMOOR DRIVE
CITY: WESTMINSTER
STATE: CO
ZIP: 80021
BUSINESS PHONE: 303-443-7500
MAIL ADDRESS:
STREET 1: 10225 WESTMOOR DRIVE
CITY: WESTMINSTER
STATE: CO
ZIP: 80021
FORMER COMPANY:
FORMER CONFORMED NAME: ZB SpinCo Holdings, Inc.
DATE OF NAME CHANGE: 20210803
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2022-03-01
0
0001876588
ZimVie Inc.
ZIMV
0001908985
Jamali Vafa
10225 WESTMOOR DRIVE
WESTMINSTER
CO
80021
1
1
0
0
See Remarks
Common Stock
2022-03-01
4
A
0
39186
A
39201
D
Common Stock
2022-03-01
4
A
0
54789
A
93990
D
Stock Option (right to buy)
32.26
2022-03-01
4
A
0
172206
A
2031-02-25
Common Stock
172206
172206
D
Stock Option (right to buy)
32.42
2022-03-01
4
A
0
200276
A
2031-03-01
Common Stock
200276
200276
D
On March 1, 2022, Zimmer Biomet Holdings, Inc. ("Zimmer Biomet") completed a pro rata spinoff distribution (the "Distribution") of shares of ZimVie Inc. ("ZimVie") common stock, par value $ 0.01 per share ("ZimVie Common Stock") to the holders of record of Zimmer Biomet common stock, par value $ 0.01 per share ("Zimmer Biomet Common Stock") on February 15, 2022. In connection with the Distribution, pursuant to the terms of the Employee Matters Agreement, dated as of March 1, 2022, between Zimmer Biomet and ZimVie (the "EMA"), all outstanding equity awards with respect to Zimmer Biomet Common Stock held by the Reporting Person were equitably adjusted and converted into equity awards with respect to ZimVie Common Stock, with such equitable adjustments determined based on (i) the volume weighted average trading price of Zimmer Biomet Common Stock on February 28, 2022 and (ii) the volume weighted average trading price of ZimVie common stock on March 1 through March 3, 2022.
Represents the grant of restricted stock units with respect to ZimVie Common Stock ("ZimVie RSUs") upon the conversion of performance-based restricted stock units with respect to Zimmer Biomet Common Stock held by the Reporting Person as of March 1, 2022 in accordance with the terms of the EMA. The ZimVie RSUs vest on February 25, 2024.
Reflects 15 shares of ZimVie Common Stock received in the Distribution in respect of shares of Zimmer Biomet Common Stock held by the Reporting Person as of the record date for the Distribution.
Represents the grant of ZimVie RSUs upon the conversion of restricted stock units with respect to Zimmer Biomet Common Stock held by the Reporting Person as of March 1, 2022 in accordance with the terms of the EMA. The ZimVie RSUs vest ratably in four annual installments on the first four anniversaries of the grant date, March 1, 2021. 13,700 shares of ZimVie Common Stock included in this award vested on March 1, 2022.
Represents the grant of stock options to purchase ZimVie Common Stock upon the conversion of stock options to purchase Zimmer Biomet Common Stock in accordance with the terms of the EMA.
This option vests ratably in four annual installments on the first four anniversaries of the grant date, February 25, 2021.
This option vests ratably in four annual installments on the first four anniversaries of the grant date, March 1, 2021.
President and Chief Executive Officer
/s/ Heather Kidwell, Attorney-in-Fact for Vafa Jamali
2022-03-07