Xiangyang (Sean) Ni - Feb 27, 2023 Form 4 Insider Report for Viatris Inc (VTRS)

Signature
/s/ Kevin Macikowski, by power of attorney
Stock symbol
VTRS
Transactions as of
Feb 27, 2023
Transactions value $
-$58,893
Form type
4
Date filed
3/1/2023, 06:01 PM
Previous filing
Nov 25, 2022
Next filing
Mar 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VTRS Common Stock Options Exercise $0 +12.2K +42% $0.00 41.4K Feb 27, 2023 Direct
transaction VTRS Common Stock Options Exercise $0 +894 +2.16% $0.00 42.3K Feb 27, 2023 Direct F1
transaction VTRS Common Stock Sale -$58.9K -5.25K -12.41% $11.22 37.1K Feb 28, 2023 Direct F2, F3

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 -12.2K -100% $0.00* 0 Feb 27, 2023 Common Stock 12.2K $0.00 Direct F4
transaction VTRS Dividend Equivalent Units Options Exercise $0 -894 -100% $0.00* 0 Feb 27, 2023 Common Stock 894 $0.00 Direct F5
* 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 5 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 16, 2020 and the related dividend equivalent units (DEUs).
F3 Represents the weighted average price of the reporting person's disposition of 5,250 shares of common stock in transactions ranging from $11.17 to $11.515. The reporting person undertakes to provide to the issuer, anysecurity 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 thisfootnote.
F4 Each RSU represents the right to receive one share of common stock of Viatris Inc. (Viatris). These RSUs vested in full on February 27, 2023.
F5 Represents DEUs that accrued with respect to the RSUs previously granted on November 16, 2020 and vested on the same schedule as the underlying RSUs. 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.