Thomas M. Moriarty - 31 Dec 2022 Form 4 Insider Report for CVS HEALTH Corp (CVS)

Role
EVP & General Counsel
Signature
/s/ Thomas M. Moriarty
Issuer symbol
CVS
Transactions as of
31 Dec 2022
Net transactions value
-$27,291,251
Form type
4
Filing time
04 Jan 2023, 15:16:52 UTC
Previous filing
16 Dec 2022
Next filing
12 Jun 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVS Common Stock Tax liability $27,291,251 -292,856 -48% $93.19 315,273 31 Dec 2022 Direct F1
holding CVS Common Stock 159,120 31 Dec 2022 By GRAT
holding CVS Stock Unit 47,325 31 Dec 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
holding CVS Stock Option 71,696 31 Dec 2022 Common Stock 71,696 $104.82 Direct F2
holding CVS Stock Option 24,248 31 Dec 2022 Common Stock 24,248 $78.05 Direct F3
holding CVS Stock Option 50,502 31 Dec 2022 Common Stock 50,502 $54.19 Direct F4
holding CVS Stock Option 98,558 31 Dec 2022 Common Stock 98,558 $58.34 Direct F5, F6
holding CVS Stock Option 116,622 31 Dec 2022 Common Stock 116,622 $74.30 Direct F7
holding CVS Stock Option 46,777 31 Dec 2022 Common Stock 46,777 $101.09 Direct F8
* 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 Option became exercisable in four equal annual installments, commencing 4/1/2017.
F3 Option became exercisable in four equal annual installments, commencing 4/3/2018.
F4 Option became exercisable in four equal annual installments, commencing 4/1/2020.
F5 The number of shares subject to the option were calculated using a 30-day average price.
F6 Option became exercisable in four equal annual installments, commencing 4/1/2021.
F7 Option became exercisable in four equal annual installments, commencing 4/1/2022.
F8 Option becomes exercisable in four equal annual installments, commencing 4/1/2023.