Andrew Cuneo - Mar 2, 2024 Form 4 Insider Report for Viatris Inc (VTRS)

Signature
/s/ Kevin Macikowski, by power of attorney
Stock symbol
VTRS
Transactions as of
Mar 2, 2024
Transactions value $
-$257,007
Form type
4
Date filed
3/5/2024, 07:47 PM
Previous filing
Feb 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VTRS Common Stock Options Exercise $0 +17.4K +49.93% $0.00 52.2K Mar 2, 2024 Direct
transaction VTRS Common Stock Tax liability -$99.3K -7.89K -15.12% $12.59 44.3K Mar 2, 2024 Direct F1
transaction VTRS Common Stock Options Exercise $0 +7.35K +16.6% $0.00 51.6K Mar 2, 2024 Direct
transaction VTRS Common Stock Tax liability -$41K -3.26K -6.31% $12.59 48.4K Mar 2, 2024 Direct F2
transaction VTRS Common Stock Options Exercise $0 +972 +2.01% $0.00 49.3K Mar 2, 2024 Direct F3
transaction VTRS Common Stock Tax liability -$5.44K -432 -0.88% $12.59 48.9K Mar 2, 2024 Direct F4
transaction VTRS Common Stock Options Exercise $0 +12.6K +25.72% $0.00 61.5K Mar 3, 2024 Direct
transaction VTRS Common Stock Tax liability -$70.2K -5.58K -9.07% $12.59 55.9K Mar 3, 2024 Direct F5
transaction VTRS Common Stock Options Exercise $0 +620 +1.11% $0.00 56.5K Mar 3, 2024 Direct F6
transaction VTRS Common Stock Tax liability -$3.46K -275 -0.49% $12.59 56.3K Mar 3, 2024 Direct F7
transaction VTRS Common Stock Options Exercise $0 +6.29K +11.18% $0.00 62.5K Mar 4, 2024 Direct
transaction VTRS Common Stock Tax liability -$34.5K -2.79K -4.46% $12.36 59.8K Mar 4, 2024 Direct F8
transaction VTRS Common Stock Options Exercise $0 +547 +0.92% $0.00 60.3K Mar 4, 2024 Direct F9
transaction VTRS Common Stock Tax liability -$3K -243 -0.4% $12.36 60.1K Mar 4, 2024 Direct F10

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 Performance Restricted Stock Units Award $0 +17.4K $0.00 17.4K Mar 2, 2024 Common Stock 17.4K $0.00 Direct F11, F12
transaction VTRS Performance Restricted Stock Units Options Exercise $0 -17.4K -100% $0.00* 0 Mar 2, 2024 Common Stock 17.4K $0.00 Direct F12
transaction VTRS Restricted Stock Units Options Exercise $0 -7.35K -100% $0.00* 0 Mar 2, 2024 Common Stock 7.35K $0.00 Direct F13
transaction VTRS Dividend Equivalent Units Options Exercise $0 -971 -100% $0.00* 0 Mar 2, 2024 Common Stock 971 $0.00 Direct F14, F15
transaction VTRS Restricted Stock Units Options Exercise $0 -12.6K -33.33% $0.00 25.2K Mar 3, 2024 Common Stock 12.6K $0.00 Direct F16
transaction VTRS Dividend Equivalent Units Options Exercise $0 -619 -33.32% $0.00 1.24K Mar 3, 2024 Common Stock 619 $0.00 Direct F14, F17
transaction VTRS Restricted Stock Units Options Exercise $0 -6.29K -50% $0.00 6.29K Mar 4, 2024 Common Stock 6.29K $0.00 Direct F18
transaction VTRS Dividend Equivalent Units Options Exercise $0 -547 -49.99% $0.00 547 Mar 4, 2024 Common Stock 547 $0.00 Direct F14, F19
transaction VTRS Restricted Stock Units Award $0 +35.4K $0.00 35.4K Mar 4, 2024 Common Stock 35.4K $0.00 Direct F20
* 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 performance restricted stock units (PRSUs) granted on March 2, 2021.
F2 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, 2021.
F3 Fractional shares have been rounded up in connection with the settlement described in footnote 15 pursuant to the terms of the RSU award agreement under the Viatris Inc. 2020 Stock Incentive Plan.
F4 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.
F5 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 3, 2023.
F6 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.
F7 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 3, 2023.
F8 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.
F9 Fractional shares have been rounded up in connection with the settlement described in footnote 19 pursuant to the terms of the RSU award agreement under the Viatris Inc. 2020 Stock Incentive Plan.
F10 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.
F11 Amount includes DEUs that accrued with respect to the PRSUs previously granted on March 2, 2021 and vest on the same schedule as the underlying PRSUs. Fractional shares with respect to such DEUs were rounded up pursuant to the terms of the PRSU award agreement under the Viatris Inc. 2020 Stock Incentive Plan.
F12 Each PRSU represents the right to receive one share of common stock of Viatris Inc. (Viatris). The PRSUs were initially granted on March 2, 2021, subject to the attainment of previously established three-year performance goals and a vesting period. The PRSUs vested on March 2, 2024.
F13 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, March 2, 2023 and March 2, 2024.
F14 Amount represents DEUs that accrued with respect to such RSUs in transactions exempt from Section 16 under Rule 16a-11.
F15 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.
F16 Each RSU represents the right to receive one share of common stock of Viatris. 12,579 of the RSUs granted on March 3, 2023 vested on March 3, 2024, 12,578 will vest on March 3, 2025 and 12,579 will vest on March 3, 2026.
F17 Represents DEUs that accrued with respect to the RSUs previously granted on March 3, 2023 and vest on the same schedule as the underlying RSUs.
F18 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 each of March 4, 2023 and March 4, 2024 and 6,291 will vest on March 4, 2025.
F19 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.
F20 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 4, 2025.

Remarks:

President, JANZ (Japan, Australia and New Zealand) and Emerging Markets