Werner Kroll - Jan 31, 2023 Form 4 Insider Report for QuidelOrtho Corp (QDEL)

Role
SVP, Research & Development
Signature
/s/ Phillip S. Askim, attorney-in-fact for Werner Kroll
Stock symbol
QDEL
Transactions as of
Jan 31, 2023
Transactions value $
-$215,142
Form type
4
Date filed
2/2/2023, 04:57 PM
Previous filing
Aug 1, 2022
Next filing
Feb 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QDEL Common Stock Award $0 +3.55K +17.87% $0.00 23.4K Jan 31, 2023 Direct F1
transaction QDEL Common Stock Tax liability -$158K -1.84K -7.87% $85.61 21.6K Jan 31, 2023 Direct F2
transaction QDEL Common Stock Award $0 +1.31K +6.07% $0.00 22.9K Feb 1, 2023 Direct F1, F3
transaction QDEL Common Stock Tax liability -$57.6K -651 -2.84% $88.51 22.3K Feb 1, 2023 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 -3.55K -33.33% $0.00 7.1K Jan 31, 2023 Common Stock 3.55K Direct F4, F5
transaction QDEL Restricted Stock Units Options Exercise $0 -1.31K -49.98% $0.00 1.31K Feb 1, 2023 Common Stock 1.31K Direct F4, 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 The amount of securities beneficially owned following this transaction include an additional 51 shares due to the Reporting Person's purchase of shares pursuant to the Issuer's Employee Stock Purchase Plan.
F4 Each restricted stock unit represents the right to receive one share of QuidelOrtho Corporation common stock.
F5 3,547 shares vested on January 31, 2023; 3,547 shares will vest on January 31, 2024; and 3,548 shares will vest on January 31, 2025.
F6 1,312 shares vested on February 1, 2023; and 1,313 shares will vest on February 1, 2024.