Xiangyang (Sean) Ni - Mar 2, 2023 Form 4 Insider Report for Viatris Inc (VTRS)

Signature
/s/ Kevin Macikowski, by power of attorney
Stock symbol
VTRS
Transactions as of
Mar 2, 2023
Transactions value $
-$69,470
Form type
4
Date filed
3/6/2023, 06:01 PM
Previous filing
Mar 1, 2023
Next filing
Nov 24, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VTRS Common Stock Options Exercise $0 +7.2K +19.42% $0.00 44.3K Mar 2, 2023 Direct
transaction VTRS Common Stock Options Exercise $0 +570 +1.29% $0.00 44.8K Mar 2, 2023 Direct F1
transaction VTRS Common Stock Sale -$34.6K -3.09K -6.9% $11.18 41.7K Mar 3, 2023 Direct F2, F3
transaction VTRS Common Stock Options Exercise $0 +7.56K +18.12% $0.00 49.3K Mar 4, 2023 Direct
transaction VTRS Common Stock Options Exercise $0 +272 +0.55% $0.00 49.6K Mar 4, 2023 Direct F4
transaction VTRS Common Stock Sale -$34.9K -3.15K -6.35% $11.08 46.4K Mar 6, 2023 Direct F5, 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 -7.2K -50% $0.00 7.2K Mar 2, 2023 Common Stock 7.2K $0.00 Direct F7
transaction VTRS Dividend Equivalent Units Options Exercise $0 -569 -50% $0.00 569 Mar 2, 2023 Common Stock 569 $0.00 Direct F8, F9
transaction VTRS Restricted Stock Units Award $0 +40.9K $0.00 40.9K Mar 3, 2023 Common Stock 40.9K $0.00 Direct F10
transaction VTRS Restricted Stock Units Options Exercise $0 -7.56K -33.33% $0.00 15.1K Mar 4, 2023 Common Stock 7.56K $0.00 Direct F11
transaction VTRS Dividend Equivalent Units Options Exercise $0 -272 -33.31% $0.00 544 Mar 4, 2023 Common Stock 272 $0.00 Direct F12, F13
* 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 9 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 March 2, 2021 and the related dividend equivalent units (DEUs).
F3 Represents the weighted average price of the reporting person's disposition of 3,093 shares of common stock in transactions ranging from $11.16 to $11.18. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares of common stock sold at each separate price within the range set forth in this footnote.
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 Shares sold to satisfy the tax liability associated with the vesting and settlement of the RSUs granted on March 4, 2022 and the related DEUs.
F6 Represents the weighted average price of the reporting person's disposition of 3,148 shares of common stock in transactions ranging from $10.995 to $11.14. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares of common stock sold at each separate price within the range set forth in this footnote.
F7 Each RSU represents the right to receive one share of common stock of Viatris Inc. (Viatris). 7,195 of the RSUs granted on March 2, 2021 vested on each of March 2, 2022 and March 2, 2023 and 7,195 will vest on March 2, 2024.
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. The RSUs vest in three equal annual installments beginning on March 3, 2024.
F11 Each RSU represents the right to receive one share of common stock of Viatris. 7,563 of the RSUs granted on March 4, 2022 vested on March 4, 2023 and 7,564 will vest on each of March 4, 2024 and March 4, 2025.
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 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.
F13 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.