Daniel P. Finke - Apr 1, 2022 Form 4 Insider Report for CVS HEALTH Corp (CVS)

Role
EVP/Pres, Health Care Benefits
Signature
/s/ Daniel P. Finke
Stock symbol
CVS
Transactions as of
Apr 1, 2022
Transactions value $
$3,496,400
Form type
4
Date filed
4/5/2022, 05:35 PM
Previous filing
Feb 23, 2022
Next filing
Apr 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVS Common Stock Tax liability -$1.37M -13.5K -23.45% $101.09 44.2K Apr 1, 2022 Direct F1
transaction CVS Common Stock Tax liability -$390K -3.86K -7.14% $101.09 50.1K Apr 1, 2022 Direct F2
holding CVS Common Stock (pep) 3.1K Apr 1, 2022 Direct
holding CVS Common Stock (restricted) 15.9K Apr 1, 2022 Direct
holding CVS Stock Unit (deferred) 0 Apr 1, 2022 Direct
holding CVS Stock Unit (deferred) 3.1K Apr 1, 2022 Direct

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 CVS Stock Option Award $5.25M +52K $101.09 52K Apr 1, 2022 Common Stock 52K $101.09 Direct F3
holding CVS Stock Option 32.3K Apr 1, 2022 Common Stock 32.3K $54.19 Direct F4
holding CVS Stock Option 54.3K Apr 1, 2022 Common Stock 54.3K $58.34 Direct F5
holding CVS Stock Option 82.1K Apr 1, 2022 Common Stock 82.1K $74.30 Direct F6
holding CVS Stock Option 28.6K Apr 1, 2022 Common Stock 28.6K $52.37 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Surrender of shares in payment of withholding taxes due upon the vesting and settlement of the PSUs.
F2 Surrender of shares in payment of withholding taxes due upon the vesting of a restricted stock award.
F3 Option becomes exercisable in four equal installments, commencing 4/1/2023.
F4 Option became exercisable in four equal annual installments, beginning on 4/1/2020.
F5 Option became exercisable in four equal annual installments, commencing 4/1/2021.
F6 Option becomes exercisable in four equal installments, commencing 4/1/2022.
F7 Option becomes exercisable in three equal installments, commencing 5/31/2022.