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 | -18K | -100% | $0.00* | 0 | Mar 3, 2024 | Common Stock | 18K | $0.00 | Direct | F3 |
transaction | VTRS | Dividend Equivalent Units | Options Exercise | $0 | -885 | -100% | $0.00* | 0 | Mar 3, 2024 | Common Stock | 885 | $0.00 | Direct | F4 |
transaction | VTRS | Restricted Stock Units | Award | $0 | +18.2K | $0.00 | 18.2K | Mar 4, 2024 | Common Stock | 18.2K | $0.00 | Direct | F5 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
Id | Content |
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F1 | Fractional shares have been rounded up in connection with the settlement described in footnote 4 pursuant to the terms of the restricted stock unit (RSU) award agreement under the Viatris Inc. 2020 Stock Incentive Plan. |
F2 | These shares of common stock were sold pursuant to a written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) of the Securities Exchange Act of 1934, as amended, that was adopted by the reporting person on November 28, 2023. |
F3 | Each RSU represents the right to receive one share of common stock of Viatris Inc. (Viatris). These RSUs vested in full on March 3, 2024. |
F4 | Represents dividend equivalent units (DEUs) that accrued with respect to the RSUs previously granted on March 3, 2023 and vested on the same schedule as the underlying RSUs. Amount represents DEUs that accrued with respect to such RSUs in transactions exempt from Section 16 under Rule 16a-11. |
F5 | Each RSU represents the right to receive one share of common stock of Viatris. These RSUs will vest on March 4, 2025. |