Michelle A. Hodges - Jan 31, 2024 Form 4 Insider Report for QuidelOrtho Corp (QDEL)

Signature
/s/ Phillip S. Askim, attorney-in-fact for Michelle A. Hodges
Stock symbol
QDEL
Transactions as of
Jan 31, 2024
Transactions value $
-$162,917
Form type
4
Date filed
2/2/2024, 08:23 PM
Previous filing
Dec 5, 2023
Next filing
Feb 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QDEL Common Stock Award $0 +1.61K +21.55% $0.00 9.08K Jan 31, 2024 Direct F1
transaction QDEL Common Stock Tax liability -$45.2K -660 -7.27% $68.51 8.42K Jan 31, 2024 Direct F2
transaction QDEL Common Stock Award $0 +3.63K +43.09% $0.00 12K Jan 31, 2024 Direct F1
transaction QDEL Common Stock Tax liability -$89.4K -1.31K -10.83% $68.51 10.7K Jan 31, 2024 Direct F2
transaction QDEL Common Stock Award $0 +1.02K +9.49% $0.00 11.8K Jan 31, 2024 Direct F1
transaction QDEL Common Stock Tax liability -$23.3K -340 -2.89% $68.51 11.4K Jan 31, 2024 Direct F2
transaction QDEL Common Stock Award $0 +204 +1.79% $0.00 11.6K Jan 31, 2024 Direct F1
transaction QDEL Common Stock Tax liability -$5K -73 -0.63% $68.51 11.6K Jan 31, 2024 Direct 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 QDEL Restricted Stock Units Options Exercise $0 -1.61K -33.33% $0.00 3.22K Jan 31, 2024 Common Stock 1.61K Direct F3, F4
transaction QDEL Restricted Stock Units Options Exercise $0 -3.63K -50% $0.00 3.63K Jan 31, 2024 Common Stock 3.63K Direct F3, F5
transaction QDEL Restricted Stock Units (Converted) Options Exercise $0 -1.02K -100% $0.00* 0 Jan 31, 2024 Common Stock 1.02K Direct F3, F6
transaction QDEL Restricted Stock Units (Premium ) Options Exercise $0 -204 -100% $0.00* 0 Jan 31, 2024 Common Stock 204 Direct F3, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects release of restricted stock units that were previously reported on a Form 4.
F2 Disposition of shares, as set forth above, was in connection with the Issuer's withholding of common shares to satisfy tax withholding obligations related to the issuance of common shares upon release of restricted stock units.
F3 Each restricted stock unit represents the right to receive one share of QuidelOrtho Corporation common stock.
F4 1,610 shares vested on January 31, 2024; the remaining 3,220 shares will vest in equal installments on January 31, 2025 and January 31, 2026.
F5 3,628 shares vested on January 31, 2024; the remaining 3,628 shares will vest in equal installments on January 31, 2025 and January 31, 2026.
F6 Release of restricted stock units was deferred pursuant to QuidelOrtho's deferred compensation program applicable to participating employees and occurred according to the elected deferred schedule.