Company: OFIX
Filing Date: 2025-02-25
Form Type: S-3ASR
Source: 0000950170-25-026634
Chunk: 19

Company: Orthofix Medical Inc.
Filing Date: 2025-02-25
Form: S-3ASR
Chunk 19
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 shares of common stock, par value $0.10 per share. Our certificate of incorporation does not provide for the issuance of preferred stock. Our outstanding shares of common stock are fully paid and nonassessable.

Common Stock

As of February 21, 2025, approximately 39.0 million shares of common stock were issued and outstanding. In addition, as of such date, approximately 4.0 million shares of our common stock were issuable upon the exercise of outstanding stock options, at a weighted-average exercise price of approximately $23.57 per share, approximately 1.5 million shares of common stock were issuable upon vesting of time-based vesting restricted stock units, and a maximum of approximately 1.9 million shares of common stock were issuable upon vesting of performance-based vesting restricted stock units, subject to adjustment for the satisfaction of applicable performance conditions.

Our common stock carries the following rights:

Voting . Except as otherwise required by law, the holders of our common stock possess all voting power for the election of our directors and all other matters requiring stockholder action and will at all times vote together as one class on all matters submitted to a vote of the stockholders. Holders of our common stock are entitled to one vote per share on matters to be voted on by our stockholders. There are no cumulative voting rights with respect to the election of directors or any other matters.

Dividends and distributions . The holders of our common stock have the right to receive dividends and distributions, whether payable in cash or otherwise, as may be declared from time to time by our board of directors, out of assets legally available for the payment of dividends thereon.

Liquidation, dissolution or winding up . In the event of our liquidation, dissolution or winding-up, whether voluntary or involuntary, holders of our common stock are entitled to participate in the distribution of any of our assets remaining after the corporation has paid, or provided for payment of, all debts and liabilities of the corporation.

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Restrictions on transfer . Neither our certificate of incorporation nor our bylaws contain any restrictions on the transfer of our common stock. However, in the case of any transfer of shares, there may be restrictions imposed by applicable securities laws or by the terms of restricted share award grants.

Redemption, conversion or preemptive rights . Holders of our common stock have no preemptive or other subscription rights and there are no sinking fund or redemption provisions applicable to our common stock.

Certain Anti-Take