Rajiv Malik - Mar 2, 2022 Form 4 Insider Report for Viatris Inc (VTRS)

Role
President, Director
Signature
/s/ Kevin Macikowski, by power of attorney
Stock symbol
VTRS
Transactions as of
Mar 2, 2022
Transactions value $
-$1,278,591
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 +33.5K +12.77% $0.00 296K Mar 2, 2022 Direct F1
transaction VTRS Common Stock Tax liability -$153K -14.6K -4.92% $10.48 281K Mar 2, 2022 Direct F2
transaction VTRS Common Stock Options Exercise $0 +126K +44.67% $0.00 407K Mar 2, 2022 Direct
transaction VTRS Common Stock Tax liability -$573K -54.6K -13.43% $10.48 352K Mar 2, 2022 Direct F3
transaction VTRS Common Stock Options Exercise $0 +52.6K +14.94% $0.00 405K Mar 2, 2022 Direct
transaction VTRS Common Stock Tax liability -$240K -22.9K -5.65% $10.48 382K Mar 2, 2022 Direct F4
transaction VTRS Common Stock Options Exercise $0 +67.2K +17.58% $0.00 449K Mar 2, 2022 Direct
transaction VTRS Common Stock Tax liability -$306K -29.2K -6.5% $10.48 420K Mar 2, 2022 Direct F5
transaction VTRS Common Stock Options Exercise $0 +1.61K +0.38% $0.00 422K Mar 2, 2022 Direct F6
transaction VTRS Common Stock Tax liability -$7.33K -699 -0.17% $10.48 421K Mar 2, 2022 Direct F7
holding VTRS Common Stock 460K Mar 2, 2022 By Irrevocable 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 -33.5K -100% $0.00* 0 Mar 2, 2022 Common Stock 33.5K $0.00 Direct F8
transaction VTRS Restricted Stock Units Options Exercise $0 -126K -100% $0.00* 0 Mar 2, 2022 Common Stock 126K $0.00 Direct F9
transaction VTRS Restricted Stock Units Options Exercise $0 -52.6K -50% $0.00 52.6K Mar 2, 2022 Common Stock 52.6K $0.00 Direct F10
transaction VTRS Restricted Stock Units Options Exercise $0 -67.2K -33.33% $0.00 134K Mar 2, 2022 Common Stock 67.2K $0.00 Direct F11
transaction VTRS Dividend Equivalent Units Options Exercise $0 -1.61K -33.33% $0.00 3.21K Mar 2, 2022 Common Stock 1.61K $0.00 Direct F12
transaction VTRS Restricted Stock Units Award $0 +247K $0.00 247K Mar 4, 2022 Common Stock 247K $0.00 Direct F13
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 88,365 shares of common stock were returned to the reporting person's direct beneficial ownership on October 4, 2021 in the form of a scheduled annuity payment under the terms of the grantor retained annuity trust to which the reporting person initially contributed 250,000 shares of common stock on September 18, 2019.
F2 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.
F3 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.
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, 2020.
F5 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.
F6 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.
F7 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.
F8 Each RSU represents the right to receive one share of common stock of Viatris Inc. (Viatris). 33,516 of the RSUs granted on March 1, 2019 vested on March 2, 2020, 33,515 vested on March 2, 2021, and 33,516 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. 52,632 of the RSUs granted on March 2, 2020 vested on March 2, 2021, 52,631 vested on March 2, 2022, and 52,632 will vest on March 2, 2023.
F11 Each RSU represents the right to receive one share of common stock of Viatris. 67,180 of the RSUs granted on March 2, 2021 vested on March 2, 2022 and 67,180 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.