Anthony Mauro - Mar 2, 2022 Form 4 Insider Report for Viatris Inc (VTRS)

Role
President, Developed Markets
Signature
/s/ Kevin Macikowski, by power of attorney
Stock symbol
VTRS
Transactions as of
Mar 2, 2022
Transactions value $
-$587,635
Form type
4
Date filed
3/4/2022, 07:12 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 +15.5K +9.56% $0.00 178K Mar 2, 2022 Direct
transaction VTRS Common Stock Tax liability -$71.5K -6.82K -3.83% $10.48 171K Mar 2, 2022 Direct F1
transaction VTRS Common Stock Options Exercise $0 +58.3K +34.03% $0.00 230K Mar 2, 2022 Direct
transaction VTRS Common Stock Tax liability -$266K -25.3K -11.04% $10.48 204K Mar 2, 2022 Direct F2
transaction VTRS Common Stock Options Exercise $0 +24.4K +11.95% $0.00 229K Mar 2, 2022 Direct
transaction VTRS Common Stock Tax liability -$111K -10.6K -4.64% $10.48 218K Mar 2, 2022 Direct F3
transaction VTRS Common Stock Options Exercise $0 +29.9K +13.7% $0.00 248K Mar 2, 2022 Direct
transaction VTRS Common Stock Tax liability -$136K -13K -5.24% $10.48 235K Mar 2, 2022 Direct F4
transaction VTRS Common Stock Options Exercise $0 +714 +0.3% $0.00 236K Mar 2, 2022 Direct F5
transaction VTRS Common Stock Tax liability -$3.26K -311 -0.13% $10.48 235K Mar 2, 2022 Direct F6
holding VTRS Common Stock 5.57K Mar 2, 2022 By 401(k) Plan F7

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 -15.5K -100% $0.00* 0 Mar 2, 2022 Common Stock 15.5K $0.00 Direct F8
transaction VTRS Restricted Stock Units Options Exercise $0 -58.3K -100% $0.00* 0 Mar 2, 2022 Common Stock 58.3K $0.00 Direct F9
transaction VTRS Restricted Stock Units Options Exercise $0 -24.4K -50% $0.00 24.4K Mar 2, 2022 Common Stock 24.4K $0.00 Direct F10
transaction VTRS Restricted Stock Units Options Exercise $0 -29.9K -33.33% $0.00 59.7K Mar 2, 2022 Common Stock 29.9K $0.00 Direct F11
transaction VTRS Dividend Equivalent Units Options Exercise $0 -714 -33.34% $0.00 1.43K Mar 2, 2022 Common Stock 714 $0.00 Direct F12
transaction VTRS Restricted Stock Units Award $0 +110K $0.00 110K Mar 4, 2022 Common Stock 110K $0.00 Direct F13
* 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 1, 2019.
F2 Represents withholding of shares of common stock for the tax liability associated with the vesting and settlement of the RSUs granted on March 1, 2019.
F3 Represents withholding of shares of common stock for the tax liability associated with the vesting and settlement of a portion of the RSUs granted on March 2, 2020.
F4 Represents withholding of shares of common stock for the tax liability associated with the vesting and settlement of a portion of the RSUs granted on March 2, 2021.
F5 Fractional shares have been rounded up in connection with the settlement described in footnote 12 pursuant to the terms of the RSU award agreement under the Viatris Inc. 2020 Stock Incentive Plan.
F6 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.
F7 The reporting person's Form 4 filed on March 4, 2021 inadvertently transposed two of the digits in this number from the correct amount reported on the reporting person's Form 3; it is corrected here.
F8 Each RSU represents the right to receive one share of common stock of Viatris Inc. (Viatris). 15,544 of the RSUs granted on March 1, 2019 vested on March 2, 2020, 15,543 vested on March 2, 2021, and 15,544 vested on March 2, 2022.
F9 Each RSU represents the right to receive one share of common stock of Viatris. These RSUs vested in full on March 2, 2022.
F10 Each RSU represents the right to receive one share of common stock of Viatris. 24,409 of the RSUs granted on March 2, 2020 vested on each of March 2, 2021 and March 2, 2022, and 24,409 will vest on March 2, 2023.
F11 Each RSU represents the right to receive one share of common stock of Viatris. 29,858 of the RSUs granted on March 2, 2021 vested on March 2, 2022 and 29,858 will vest on each of March 2, 2023 and March 2, 2024.
F12 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.
F13 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.

Remarks:

President, Developed Markets