Form 4 for QDEL QuidelOrtho Corp
Accepted 2022-06-01 00:00:00 ET · period of report 2022-05-27 · accession 0000899243-22-020510 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-06-01 | 2022-05-27 | QDEL | Kroll Werner | See Remarks | A - Grant | — | +18.8K | 18.8K | New | — |
| DM | 2022-06-01 | 2022-05-27 | QDEL | Kroll Werner | See Remarks | A - Grant | $0.00 | +44.0K | 3,924 | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-05-27 | A | A | 18,762 | — | 18,762 | D | — | — | (F1) Pursuant to the Business Combination Agreement, dated as of December 22, 2021 (the "Business Combination Agreement") by and among Quidel Corporation ("Quidel"), Ortho Clinical Diagnostics Holdings plc, QuidelOrtho Corporation ("QuidelOrtho"), Orca Holdco, Inc., Laguna Merger Sub, Inc. and Orca Holdco 2, Inc., each share of common stock of Quidel beneficially owned by the Reporting Person at the effective time of the transaction contemplated by the Business Combination Agreement was exchanged for one share of common stock of QuidelOrtho. |
| 2 | Derivative | Restricted Stock Units | 2022-05-27 | A | A | 3,510 | $0.00 | 3,510 | D | — · — to — | 3,510 Common Stock | (F5) Each restricted stock unit represents the right to receive one share of QuidelOrtho common stock. (F12) 3,510 shares will vest in equal installments on July 28, 2022, July 28, 2023 and July 28, 2024. |
| 3 | Derivative | Restricted Stock Units | 2022-05-27 | A | A | 10,642 | $0.00 | 10,642 | D | — · — to — | 10,642 Common Stock | (F5) Each restricted stock unit represents the right to receive one share of QuidelOrtho common stock. (F13) 3,547 shares will vest on each of January 31, 2023 and January 31, 2024; 3,548 shares will vest on January 31, 2025. |
| 4 | Derivative | Restricted Stock Units | 2022-05-27 | A | A | 7,256 | $0.00 | 7,256 | D | — · — to — | 7,256 Common Stock | (F5) Each restricted stock unit represents the right to receive one share of QuidelOrtho common stock. (F14) 3,628 shares will vest on January 31, 2024; the remaining 3,628 shares will vest in equal installments on January 31, 2025 and January 31, 2026. |
| 5 | Derivative | Restricted Stock Units | 2022-05-27 | A | A | 2,625 | $0.00 | 2,625 | D | — · — to — | 2,625 Common Stock | (F5) Each restricted stock unit represents the right to receive one share of QuidelOrtho common stock. (F11) 1,312 shares will vest on February 1, 2023; and 1,313 shares will vest on February 1, 2024. |
| 6 | Derivative | Restricted Stock Units | 2022-05-27 | A | A | 1,962 | $0.00 | 1,962 | D | — · — to — | 1,962 Common Stock | (F5) Each restricted stock unit represents the right to receive one share of QuidelOrtho common stock. (F10) 1,962 shares will vest in equal installments on July 1, 2022 and July 1, 2023. |
| 7 | Derivative | Restricted Stock Units | 2022-05-27 | A | A | 4,268 | $0.00 | 4,268 | D | — · — to — | 4,268 Common Stock | (F5) Each restricted stock unit represents the right to receive one share of QuidelOrtho common stock. (F9) 4,268 shares will vest on February 4, 2023. |
| 8 | Derivative | Restricted Stock Units | 2022-05-27 | A | A | 823 | $0.00 | 823 | D | — · — to — | 823 Common Stock | (F5) Each restricted stock unit represents the right to receive one share of QuidelOrtho common stock. (F8) Release of restricted stock units was deferred pursuant to QuidelOrtho's deferred compensation program applicable to participating employees and will occur according to the elected deferral schedule. |
| 9 | Derivative | Restricted Stock Units | 2022-05-27 | A | A | 2,743 | $0.00 | 2,743 | D | — · — to — | 2,743 Common Stock | (F5) Each restricted stock unit represents the right to receive one share of QuidelOrtho common stock. (F8) Release of restricted stock units was deferred pursuant to QuidelOrtho's deferred compensation program applicable to participating employees and will occur according to the elected deferral schedule. |
| 10 | Derivative | Restricted Stock Units | 2022-05-27 | A | A | 3,925 | $0.00 | 3,925 | D | — · — to — | 3,925 Common Stock | (F5) Each restricted stock unit represents the right to receive one share of QuidelOrtho common stock. (F7) 3,925 shares will vest on February 4, 2023. |
| 11 | Derivative | Non-Qualified Stock Options | 2022-05-27 | A | A | 2,303 | $0.00 | 2,303 | D | $46.41 · — to 2028-01-16 | 2,303 Common Stock | (F3) Vested in full. |
| 12 | Derivative | Non-Qualified Stock Options | 2022-05-27 | A | A | 3,924 | $0.00 | 3,924 | D | $59.12 · — to 2029-02-04 | 3,924 Common Stock | (F4) 5,888 shares are vested in full; 1,962 shares will vest on February 4, 2023. |