Xiangyang (Sean) Ni - 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 $
-$269,314
Form type
4
Date filed
3/5/2024, 08:09 PM
Previous filing
Nov 24, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VTRS Common Stock Options Exercise $0 +17K +26.31% $0.00 81.7K Mar 2, 2024 Direct
transaction VTRS Common Stock Options Exercise $0 +7.2K +8.81% $0.00 88.9K Mar 2, 2024 Direct
transaction VTRS Common Stock Options Exercise $0 +952 +1.07% $0.00 89.8K Mar 2, 2024 Direct F1
transaction VTRS Common Stock Options Exercise $0 +13.6K +15.17% $0.00 103K Mar 3, 2024 Direct
transaction VTRS Common Stock Options Exercise $0 +671 +0.65% $0.00 104K Mar 3, 2024 Direct F2
transaction VTRS Common Stock Options Exercise $0 +7.56K +7.27% $0.00 112K Mar 4, 2024 Direct
transaction VTRS Common Stock Options Exercise $0 +658 +0.59% $0.00 112K Mar 4, 2024 Direct F3
transaction VTRS Common Stock Sale -$223K -17.8K -15.81% $12.54 94.6K Mar 4, 2024 Direct F4, F5
transaction VTRS Common Stock Sale -$46.7K -3.78K -3.99% $12.36 90.8K Mar 4, 2024 Direct F4, F6

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 +17K $0.00 17K Mar 2, 2024 Common Stock 17K $0.00 Direct F7, F8
transaction VTRS Performance Restricted Stock Units Options Exercise $0 -17K -100% $0.00* 0 Mar 2, 2024 Common Stock 17K $0.00 Direct F8
transaction VTRS Restricted Stock Units Options Exercise $0 -7.2K -100% $0.00* 0 Mar 2, 2024 Common Stock 7.2K $0.00 Direct F9
transaction VTRS Dividend Equivalent Units Options Exercise $0 -951 -100% $0.00* 0 Mar 2, 2024 Common Stock 951 $0.00 Direct F10, F11
transaction VTRS Restricted Stock Units Options Exercise $0 -13.6K -33.33% $0.00 27.3K Mar 3, 2024 Common Stock 13.6K $0.00 Direct F12
transaction VTRS Dividend Equivalent Units Options Exercise $0 -671 -33.33% $0.00 1.34K Mar 3, 2024 Common Stock 671 $0.00 Direct F10, F13
transaction VTRS Restricted Stock Units Options Exercise $0 -7.56K -50% $0.00 7.56K Mar 4, 2024 Common Stock 7.56K $0.00 Direct F14
transaction VTRS Dividend Equivalent Units Options Exercise $0 -658 -49.99% $0.00 658 Mar 4, 2024 Common Stock 658 $0.00 Direct F10, F15
transaction VTRS Restricted Stock Units Award $0 +37.9K $0.00 37.9K Mar 4, 2024 Common Stock 37.9K $0.00 Direct F16
* 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 11 pursuant to the terms of the restricted stock unit (RSU) award agreement under the Viatris Inc. 2020 Stock Incentive Plan.
F2 Fractional shares have been rounded up in connection with the settlement described in footnote 13 pursuant to the terms of the RSU award agreement under the Viatris Inc. 2020 Stock Incentive Plan.
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 Shares sold to satisfy the tax liability associated with the vesting and settlement of the performance restricted stock units (PRSUs) granted on March 2, 2021, the RSUs granted on March 2, 2021, the RSUs granted on March 4, 2022, the RSUs granted on March 3, 2023 and each such grant's related dividend equivalent units (DEUs).
F5 Represents the weighted average price of the reporting person's disposition of 17,755 shares of common stock in transactions ranging from $12.375 to $12.59. 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.
F6 Represents the weighted average price of the reporting person's disposition of 3,777 shares of common stock in transactions ranging from $12.27 to $12.36. 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.
F7 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.
F8 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.
F9 Each RSU represents the right to receive one share of common stock of Viatris. 7,195 of the RSUs granted on March 2, 2021 vested on each of March 2, 2022, March 2, 2023 and March 2, 2024.
F10 Amount represents DEUs that accrued with respect to such RSUs in transactions exempt from Section 16 under Rule 16a-11.
F11 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.
F12 Each RSU represents the right to receive one share of common stock of Viatris. 13,627 of the RSUs granted on March 3, 2023 vested on March 3, 2024, and 13,627 will vest on each of March 3, 2025 and March 3, 2026.
F13 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.
F14 Each RSU represents the right to receive one share of common stock of Viatris. 7,563 of the RSUs granted on March 4, 2022 vested on March 4, 2023, 7,564 vested on March 4, 2024 and 7,564 will vest on March 4, 2025.
F15 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.
F16 Each RSU represents the right to receive one share of common stock of Viatris. 12,649 of the RSUs granted on March 4, 2024 will vest on March 4, 2025, 12,648 will vest on March 4, 2026 and 12,648 will vest on March 4, 2027.