Sanjeev Narula - Feb 27, 2023 Form 4 Insider Report for Viatris Inc (VTRS)

Role: Chief Financial Officer
Signature: /s/ Kevin Macikowski, by power of attorney
Stock symbol: VTRS
Transactions as of: Feb 27, 2023
Transactions value $: -$112,000
Form type: 4
Date filed: 3/1/2023, 06:05 PM
Previous filing: Mar 23, 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	+21.2K	+94.94%	$0.00	43.6K	Feb 27, 2023	Direct
transaction	VTRS	Common Stock	Tax liability	-$104K	-9.33K	-21.38%	$11.20	34.3K	Feb 27, 2023	Direct	F1
transaction	VTRS	Common Stock	Options Exercise	$0	+1.55K	+4.52%	$0.00	35.8K	Feb 27, 2023	Direct	F2
transaction	VTRS	Common Stock	Tax liability	-$7.55K	-674	-1.88%	$11.20	35.2K	Feb 27, 2023	Direct	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	-21.2K	-100%	$0.00^*	0	Feb 27, 2023	Common Stock	21.2K	$0.00	Direct	F4
transaction	VTRS	Dividend Equivalent Units	Options Exercise	$0	-1.55K	-100%	$0.00^*	0	Feb 27, 2023	Common Stock	1.55K	$0.00	Direct	F5

* 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 the restricted stock units (RSUs) granted on November 20, 2020.
F2	Fractional shares have been rounded up in connection with the settlement described in footnote 5 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 the dividend equivalent units (DEUs) that accrued with respect to the RSUs previously granted on November 20, 2020.
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 20, 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.