Scott A. Smith - Mar 3, 2024 Form 4 Insider Report for Viatris Inc (VTRS)

Role: Chief Executive Officer, Director
Signature: /s/ Kevin Macikowski, by power of attorney
Stock symbol: VTRS
Transactions as of: Mar 3, 2024
Transactions value $: -$697,196
Form type: 4
Date filed: 3/5/2024, 08:01 PM
Previous filing: Mar 1, 2024
Next filing: Apr 1, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	VTRS	Common Stock	Options Exercise	$0	+136K		$0.00	136K	Mar 3, 2024	Direct
transaction	VTRS	Common Stock	Tax liability	-$673K	-53.4K	-39.35%	$12.59	82.4K	Mar 3, 2024	Direct	F1
transaction	VTRS	Common Stock	Options Exercise	$0	+4.9K	+5.95%	$0.00	87.3K	Mar 3, 2024	Direct	F2
transaction	VTRS	Common Stock	Tax liability	-$24.3K	-1.93K	-2.21%	$12.59	85.4K	Mar 3, 2024	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	-136K	-33.33%	$0.00	272K	Mar 3, 2024	Common Stock	136K	$0.00	Direct	F4
transaction	VTRS	Dividend Equivalent Units	Options Exercise	$0	-4.9K	-33.33%	$0.00	9.79K	Mar 3, 2024	Common Stock	4.9K	$0.00	Direct	F5, F6
transaction	VTRS	Restricted Stock Units	Award	$0	+278K		$0.00	278K	Mar 4, 2024	Common Stock	278K	$0.00	Direct	F7

* 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 a portion of the restricted stock units (RSUs) granted on April 1, 2023.
F2	Fractional shares have been rounded up in connection with the settlement described in footnote 6 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 a portion of the dividend equivalent units (DEUs) that accrued with respect to the RSUs previously granted on April 1, 2023.
F4	Each RSU represents the right to receive one share of common stock of Viatris Inc. (Viatris). 135,829 of the RSUs granted on April 1, 2023 vested on March 3, 2024, and 135,828 will vest on each of March 3, 2025 and March 3, 2026.
F5	Amount represents DEUs that accrued with respect to such RSUs in transactions exempt from Section 16 under Rule 16a-11.
F6	Represents DEUs that accrued with respect to the RSUs previously granted on April 1, 2023 and vest on the same schedule as the underlying RSUs.
F7	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.