Sanjeev Narula - Mar 2, 2022 Form 4 Insider Report for Viatris Inc (VTRS)

Role: Chief Financial Officer
Signature: /s/ Kevin Macikowski, by power of attorney
Stock symbol: VTRS
Transactions as of: Mar 2, 2022
Transactions value $: -$122,480
Form type: 4
Date filed: 3/4/2022, 07:09 PM
Previous filing: Dec 23, 2021
Next filing: Mar 23, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	VTRS	Common Stock	Options Exercise	$0	+26.1K	+357.21%	$0.00	33.4K	Mar 2, 2022	Direct
transaction	VTRS	Common Stock	Tax liability	-$120K	-11.4K	-34.14%	$10.48	22K	Mar 2, 2022	Direct	F1
transaction	VTRS	Common Stock	Options Exercise	$0	+625	+2.84%	$0.00	22.7K	Mar 2, 2022	Direct	F2
transaction	VTRS	Common Stock	Tax liability	-$2.85K	-272	-1.2%	$10.48	22.4K	Mar 2, 2022	Direct	F3

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	-26.1K	-33.33%	$0.00	52.3K	Mar 2, 2022	Common Stock	26.1K	$0.00	Direct	F4
transaction	VTRS	Dividend Equivalent Units	Options Exercise	$0	-624	-33.32%	$0.00	1.25K	Mar 2, 2022	Common Stock	624	$0.00	Direct	F5
transaction	VTRS	Restricted Stock Units	Award	$0	+117K		$0.00	117K	Mar 4, 2022	Common Stock	117K	$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). 26,126 of the RSUs granted on March 2, 2021 vested on March 2, 2022, 26,125 will vest on March 2, 2023 and 26,126 will vest on 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.