Robert J. Coury - Mar 2, 2022 Form 4 Insider Report for Viatris Inc (VTRS)

Signature
/s/ Kevin Macikowski, by power of attorney
Stock symbol
VTRS
Transactions as of
Mar 2, 2022
Transactions value $
-$536,125
Form type
4
Date filed
3/4/2022, 06:55 PM
Previous filing
Feb 11, 2022
Next filing
Mar 11, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VTRS Common Stock Options Exercise $0 +101K +9.98% $0.00 1.11M Mar 2, 2022 Direct
transaction VTRS Common Stock Tax liability -$524K -50K -4.5% $10.48 1.06M Mar 2, 2022 Direct F1
transaction VTRS Common Stock Options Exercise $0 +2.41K +0.23% $0.00 1.06M Mar 2, 2022 Direct F2
transaction VTRS Common Stock Tax liability -$12.5K -1.2K -0.11% $10.48 1.06M Mar 2, 2022 Direct F3
holding VTRS Common Stock 500K Mar 2, 2022 By Family Trust

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 VTRS Restricted Stock Units Options Exercise $0 -101K -33.33% $0.00 202K Mar 2, 2022 Common Stock 101K $0.00 Direct F4
transaction VTRS Dividend Equivalent Units Options Exercise $0 -2.41K -33.34% $0.00 4.82K Mar 2, 2022 Common Stock 2.41K $0.00 Direct F5
transaction VTRS Restricted Stock Units Award $0 +371K $0.00 371K Mar 4, 2022 Common Stock 371K $0.00 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents withholding of shares of common stock for the tax liability associated with the vesting and settlement of a portion of the restricted stock units (RSUs) granted on March 2, 2021.
F2 Fractional shares have been rounded up in connection with the settlement described in footnote 5 pursuant to the terms of the RSU award agreement under the Viatris Inc. 2020 Stock Incentive Plan.
F3 Represents withholding of shares of common stock for the tax liability associated with the vesting and settlement of a portion of the dividend equivalent units (DEUs) that accrued with respect to the RSUs previously granted on March 2, 2021.
F4 Each RSU represents the right to receive one share of common stock of Viatris Inc. (Viatris). 100,770 of the RSUs granted on March 2, 2021 vested on March 2, 2022 and 100,770 will vest on each of March 2, 2023 and March 2, 2024.
F5 Represents DEUs that accrued with respect to the RSUs previously granted on March 2, 2021 and vest on the same schedule as the underlying RSUs.
F6 Each RSU represents the right to receive one share of common stock of Viatris. The RSUs vest in three equal annual installments beginning on March 4, 2023.