Andrew Cuneo - 02 Mar 2023 Form 4 Insider Report for Viatris Inc (VTRS)

Signature
/s/ Kevin Macikowski, by power of attorney
Issuer symbol
VTRS
Transactions as of
02 Mar 2023
Net transactions value
-$182,187
Form type
4
Filing time
06 Mar 2023, 18:00:36 UTC
Previous filing
23 Mar 2022
Next filing
15 Dec 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VTRS Common Stock Exercise of in-the-money or at-the-money derivative security $0 +4,577 +15% $0.000000 35,554 02 Mar 2023 Direct
transaction VTRS Common Stock Tax liability $25,298 -2,273 -6.4% $11.13 33,281 02 Mar 2023 Direct F1
transaction VTRS Common Stock Exercise of in-the-money or at-the-money derivative security $0 +17,163 +52% $0.000000 50,444 02 Mar 2023 Direct
transaction VTRS Common Stock Tax liability $85,556 -7,687 -15% $11.13 42,757 02 Mar 2023 Direct F2
transaction VTRS Common Stock Options Exercise $0 +7,348 +17% $0.000000 50,105 02 Mar 2023 Direct
transaction VTRS Common Stock Tax liability $36,273 -3,259 -6.5% $11.13 46,846 02 Mar 2023 Direct F3
transaction VTRS Common Stock Options Exercise $0 +581 +1.2% $0.000000 47,427 02 Mar 2023 Direct F4
transaction VTRS Common Stock Tax liability $2,872 -258 -0.54% $11.13 47,169 02 Mar 2023 Direct F5
transaction VTRS Common Stock Options Exercise $0 +6,291 +13% $0.000000 53,460 04 Mar 2023 Direct
transaction VTRS Common Stock Tax liability $31,064 -2,791 -5.2% $11.13 50,669 04 Mar 2023 Direct F6
transaction VTRS Common Stock Options Exercise $0 +227 +0.45% $0.000000 50,896 04 Mar 2023 Direct F7
transaction VTRS Common Stock Tax liability $1,124 -101 -0.2% $11.13 50,795 04 Mar 2023 Direct F8

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 Exercise of in-the-money or at-the-money derivative security $0 -4,577 -100% $0.000000* 0 02 Mar 2023 Common Stock 4,577 $0.000000 Direct F9
transaction VTRS Restricted Stock Units Exercise of in-the-money or at-the-money derivative security $0 -17,163 -100% $0.000000* 0 02 Mar 2023 Common Stock 17,163 $0.000000 Direct F10
transaction VTRS Restricted Stock Units Options Exercise $0 -7,348 -50% $0.000000 7,348 02 Mar 2023 Common Stock 7,348 $0.000000 Direct F11
transaction VTRS Dividend Equivalent Units Options Exercise $0 -581 -50% $0.000000 581 02 Mar 2023 Common Stock 581 $0.000000 Direct F12, F13
transaction VTRS Restricted Stock Units Award $0 +37,736 $0.000000 37,736 03 Mar 2023 Common Stock 37,736 $0.000000 Direct F14
transaction VTRS Restricted Stock Units Options Exercise $0 -6,291 -33% $0.000000 12,582 04 Mar 2023 Common Stock 6,291 $0.000000 Direct F15
transaction VTRS Dividend Equivalent Units Options Exercise $0 -226 -33% $0.000000 452 04 Mar 2023 Common Stock 226 $0.000000 Direct F16, F17
* 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, 2020.
F2 Represents withholding of shares of common stock for the tax liability associated with the vesting and settlement of the RSUs granted on March 2, 2020.
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, 2021.
F4 Fractional shares have been rounded up in connection with the settlement described in footnote 13 pursuant to the terms of the RSU award agreement under the Viatris Inc. 2020 Stock Incentive Plan.
F5 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.
F6 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.
F7 Fractional shares have been rounded up in connection with the settlement described in footnote 17 pursuant to the terms of the RSU award agreement under the Viatris Inc. 2020 Stock Incentive Plan.
F8 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.
F9 Each RSU represents the right to receive one share of common stock of Viatris Inc. (Viatris). 4,577 of the RSUs granted on March 2, 2020 vested on March 2, 2021, 4,576 vested on March 2, 2022 and 4,577 vested on March 2, 2023.
F10 Each RSU represents the right to receive one share of common stock of Viatris. These RSUs vested in full on March 2, 2023.
F11 Each RSU represents the right to receive one share of common stock of Viatris. 7,348 of the RSUs granted on March 2, 2021 vested on each of March 2, 2022 and March 2, 2023 and 7,348 will vest on March 2, 2024.
F12 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.
F13 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.
F14 Each RSU represents the right to receive one share of common stock of Viatris. 12,579 of the RSUs granted on March 3, 2023 will vest on March 3, 2024, 12,578 will vest on March 3, 2025 and 12,579 will vest on March 3, 2026.
F15 Each RSU represents the right to receive one share of common stock of Viatris. 6,291 of the RSUs granted on March 4, 2022 vested on March 4, 2023 and 6,291 will vest on each of March 4, 2024 and March 4, 2025.
F16 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.
F17 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.

Remarks:

President, JANZ (Japan, Australia and New Zealand)