Xiangyang (Sean) Ni - Nov 23, 2023 Form 4 Insider Report for Viatris Inc (VTRS)

Role
President, Greater China
Signature
/s/ Kevin Macikowski, by power of attorney
Stock symbol
VTRS
Transactions as of
Nov 23, 2023
Transactions value $
-$139,942
Form type
4
Date filed
11/24/2023, 06:00 PM
Previous filing
Mar 6, 2023
Next filing
Mar 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VTRS Common Stock Options Exercise $0 +29.8K +64.24% $0.00 76.2K Nov 23, 2023 Direct
transaction VTRS Common Stock Options Exercise $0 +3.36K +4.41% $0.00 79.6K Nov 23, 2023 Direct F1
transaction VTRS Common Stock Sale -$140K -14.9K -18.77% $9.37 64.7K Nov 24, 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 -29.8K -100% $0.00* 0 Nov 23, 2023 Common Stock 29.8K $0.00 Direct F4
transaction VTRS Dividend Equivalent Units Options Exercise $0 -3.36K -100% $0.00* 0 Nov 23, 2023 Common Stock 3.36K $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 23, 2020 and the related dividend equivalent units (DEUs).
F3 Represents the weighted average price of the reporting person's disposition of 14,937 shares of common stock in transactions ranging from $9.3387 to $9.3900. 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 Each RSU represents the right to receive one share of common stock of Viatris Inc. These RSUs vested in full on November 23, 2023.
F5 Represents DEUs that accrued with respect to the 29,816 RSUs previously granted on November 23, 2020 and vested on the same schedule as the underlying RSUs.