Sharon L. Wienbar - 12 May 2021 Form 4 Insider Report for COVETRUS, INC. (CVET)

Role
Director
Signature
/s/ Margaret B. Pritchard, as attorney-in-fact for Sharon L. Wienbar
Issuer symbol
CVET
Transactions as of
12 May 2021
Transactions value $
$0
Form type
4
Filing time
14 May 2021, 16:12:26 UTC
Next filing
11 Jun 2021

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 CVET Restricted Stock Units Award $0 +7.72K $0.00 7.72K 12 May 2021 Common Stock 7.72K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock or the cash value thereof.
F2 Subject to the Reporting Person's continuous service as a director of the Issuer, 100% of the RSUs will vest on the first anniversary of the grant date. Pursuant to the Deferral Policy under the Company's 2019 Omnibus Incentive Compensation Plan Restricted Stock Unit Agreement for Non-Employee Directors, the Reporting Person has elected to defer the vesting of this grant for seven years following the initial scheduled payment date of May 12, 2022.