Daniel P. Finke - Apr 1, 2023 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, 2023
Transactions value $
$5,229,343
Form type
4
Date filed
4/4/2023, 04:27 PM
Previous filing
Aug 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVS Common Stock Tax liability -$287K -3.86K -9.91% $74.31 35.1K Apr 1, 2023 Direct F1
holding CVS Common Stock (pep) 3.17K Apr 1, 2023 Direct
holding CVS Common Stock (Restricted) 6.11K Apr 1, 2023 Direct
holding CVS Stock Unit (deferred) 3.17K Apr 1, 2023 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 $5.52M +74.2K $74.31 74.2K Apr 1, 2023 Common Stock 74.2K $74.31 Direct F7
holding CVS Stock Option 16.2K Apr 1, 2023 Common Stock 16.2K $54.19 Direct F2
holding CVS Stock Option 27.2K Apr 1, 2023 Common Stock 27.2K $58.34 Direct F3
holding CVS Stock Option 82.1K Apr 1, 2023 Common Stock 82.1K $74.30 Direct F4
holding CVS Stock Option 19.1K Apr 1, 2023 Common Stock 19.1K $52.37 Direct F5
holding CVS Stock Option 52K Apr 1, 2023 Common Stock 52K $101.09 Direct F6
* 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 a restricted stock unit award.
F2 Option became exercisable in four equal annual installments, beginning on 4/1/2020.
F3 Option became exercisable in four equal annual installments, commencing 4/1/2021.
F4 Option became exercisable in four equal annual installments, commencing 4/1/2022.
F5 Option became exercisable in three equal annual installments, commencing 5/31/2022.
F6 Option became exercisable in four equal annual installments, commencing 4/1/2023.
F7 Option becomes exercisable in four equal annual installments, commencing 4/1/2024.