Michael Goettler - 02 Mar 2023 Form 4 Insider Report for Viatris Inc (VTRS)

Role
Chief Executive Officer, Director
Signature
/s/ Kevin Macikowski, by power of attorney
Issuer symbol
VTRS
Transactions as of
02 Mar 2023
Net transactions value
-$971,883
Form type
4
Filing time
06 Mar 2023, 18:00:28 UTC
Previous filing
01 Mar 2023
Next filing
29 Jul 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VTRS Common Stock Options Exercise $0 +84,908 +41% $0.000000 294,432 02 Mar 2023 Direct
transaction VTRS Common Stock Tax liability $413,735 -37,173 -13% $11.13 257,259 02 Mar 2023 Direct F1
transaction VTRS Common Stock Options Exercise $0 +6,715 +2.6% $0.000000 263,974 02 Mar 2023 Direct F2
transaction VTRS Common Stock Tax liability $32,722 -2,940 -1.1% $11.13 261,034 02 Mar 2023 Direct F3
transaction VTRS Common Stock Options Exercise $0 +104,085 +40% $0.000000 365,119 04 Mar 2023 Direct
transaction VTRS Common Stock Tax liability $507,183 -45,569 -12% $11.13 319,550 04 Mar 2023 Direct F4
transaction VTRS Common Stock Options Exercise $0 +3,742 +1.2% $0.000000 323,292 04 Mar 2023 Direct F5
transaction VTRS Common Stock Tax liability $18,242 -1,639 -0.51% $11.13 321,653 04 Mar 2023 Direct F6

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 -84,908 -50% $0.000000 84,908 02 Mar 2023 Common Stock 84,908 $0.000000 Direct F7
transaction VTRS Dividend Equivalent Units Options Exercise $0 -6,715 -50% $0.000000 6,714 02 Mar 2023 Common Stock 6,715 $0.000000 Direct F8, F9
transaction VTRS Restricted Stock Units Options Exercise $0 -104,085 -33% $0.000000 208,170 04 Mar 2023 Common Stock 104,085 $0.000000 Direct F10
transaction VTRS Dividend Equivalent Units Options Exercise $0 -3,742 -33% $0.000000 7,483 04 Mar 2023 Common Stock 3,742 $0.000000 Direct F11, F12
* 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 9 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 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 4, 2022.
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 DEUs that accrued with respect to the RSUs previously granted on March 4, 2022.
F7 Each RSU represents the right to receive one share of common stock of Viatris Inc. (Viatris). 84,908 of the RSUs granted on March 2, 2021 vested on each of March 2, 2022 and March 2, 2023. Mr. Goettler is separating from Viatris on April 1, 2023 and, as a result, the 84,908 RSUs granted on March 2, 2021 that would have vested on March 2, 2024 will be forfeited upon his separation.
F8 On May 6, 2022, Viatris filed a registration statement on Form S-3 with respect to its Dividend Reinvestment and Share Purchase Plan; amount includes DEUs that subsequently accrued with respect to such RSUs in June 2022, September 2022 and December 2022 in transactions exempt from Section 16 under Rule 16a-11.
F9 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.
F10 Each RSU represents the right to receive one share of common stock of Viatris. 104,085 of the RSUs granted on March 4, 2022 vested on March 4, 2023. Mr. Goettler is separating from Viatris on April 1, 2023 and, as a result, the 104,085 RSUs granted on March 4, 2022 that would have vested on each of March 4, 2024 and March 4, 2025, in each case, will be forfeited upon his separation.
F11 On May 6, 2022, Viatris filed a registration statement on Form S-3 with respect to its Dividend Reinvestment and Share Purchase Plan; amount represents DEUs that subsequently accrued with respect to such RSUs in June 2022, September 2022 and December 2022 in transactions exempt from Section 16 under Rule 16a-11.
F12 Represents DEUs that accrued with respect to the RSUs previously granted on March 4, 2022 and vest on the same schedule as the underlying RSUs.