Dillon JoEllen Lyons - 03 Mar 2024 Form 4 Insider Report for Viatris Inc (VTRS)

Role
Director
Signature
/s/ Kevin Macikowski, by power of attorney
Issuer symbol
VTRS
Transactions as of
03 Mar 2024
Net transactions value
-$247,200
Form type
4
Filing time
05 Mar 2024, 20:19:00 UTC
Previous filing
06 Mar 2023
Next filing
05 Mar 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VTRS Common Stock Options Exercise $0 +17,970 +30% $0.000000 77,829 03 Mar 2024 Direct
transaction VTRS Common Stock Options Exercise $0 +885 +1.1% $0.000000 78,714 03 Mar 2024 Direct F1
transaction VTRS Common Stock Sale $247,200 -20,000 -25% $12.36 58,714 05 Mar 2024 Direct F2
holding VTRS Common Stock 18 03 Mar 2024 By Spouse

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 -17,970 -100% $0.000000* 0 03 Mar 2024 Common Stock 17,970 $0.000000 Direct F3
transaction VTRS Dividend Equivalent Units Options Exercise $0 -885 -100% $0.000000* 0 03 Mar 2024 Common Stock 885 $0.000000 Direct F4
transaction VTRS Restricted Stock Units Award $0 +18,204 $0.000000 18,204 04 Mar 2024 Common Stock 18,204 $0.000000 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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).

Explanation of Responses:

Id Content
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.