Deborah G. Ellinger - May 13, 2021 Form 4 Insider Report for COVETRUS, INC. (CVET)

Role
Director
Signature
/s/ Margaret B. Pritchard, as attorney-in-fact for Deborah G. Ellinger
Stock symbol
CVET
Transactions as of
May 13, 2021
Transactions value $
-$248,537
Form type
4
Date filed
5/17/2021, 04:13 PM
Previous filing
May 14, 2021
Next filing
Jun 8, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVET Common Stock Options Exercise $0 +24.1K +383.09% $0.00 30.4K May 13, 2021 Direct
transaction CVET Common Stock Sale -$249K -9.64K -31.72% $25.79 20.7K May 14, 2021 Direct F1, F2

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 Options Exercise $0 -24.1K -100% $0.00* 0 May 13, 2021 Common Stock 24.1K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Sale pursuant to 10b5-1 Plan dated March 3, 2021.
F2 Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $25.24 - $26.04. The Reporting Person hereby undertakes, upon request by the Commission staff, the Issuer or a security holder of the Issuer, to provide full information regarding the number of shares sold at each separate price.
F3 Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock or the cash value thereof.
F4 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.