Xiangyang (sean) Ni - 23 Nov 2022 Form 4 Insider Report for Viatris Inc (VTRS)

Signature
/s/ Kevin Macikowski, by power of attorney
Issuer symbol
VTRS
Transactions as of
23 Nov 2022
Net transactions value
-$140,220
Form type
4
Filing time
25 Nov 2022, 15:25:24 UTC
Previous filing
30 Mar 2022
Next filing
01 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VTRS Common Stock Options Exercise $0 +29,815 +289% $0.000000 40,136 23 Nov 2022 Direct
transaction VTRS Common Stock Options Exercise $0 +1,829 +4.6% $0.000000 41,965 23 Nov 2022 Direct F1
transaction VTRS Common Stock Sale $140,220 -12,800 -31% $10.95 29,165 25 Nov 2022 Direct F2

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 -29,815 -100% $0.000000* 0 23 Nov 2022 Common Stock 29,815 $0.000000 Direct F3
transaction VTRS Dividend Equivalent Units Options Exercise $0 -1,828 -100% $0.000000* 0 23 Nov 2022 Common Stock 1,828 $0.000000 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Fractional shares have been rounded up in connection with the settlement described in footnote 4 pursuant to the terms of the restricted stock unit (RSU) award agreement under the Viatris Inc. 2020 Stock Incentive Plan.
F2 Shares sold to satisfy the tax liability associated with the vesting and settlement of the RSUs granted on November 23, 2020 and the related dividend equivalent units (DEUs).
F3 Each RSU represents the right to receive one share of common stock of Viatris Inc. (Viatris). These RSUs vested in full on November 23, 2022.
F4 Represents DEUs that accrued with respect to the 29,815 RSUs previously granted on November 23, 2020 and vested on the same schedule as the underlying RSUs.