Mark J. Manoff - May 13, 2021 Form 4 Insider Report for COVETRUS, INC. (CVET)

Role
Director
Signature
/s/ Margaret B. Pritchard, as attorney-in-fact for Mark J. Manoff
Stock symbol
CVET
Transactions as of
May 13, 2021
Transactions value $
-$297,819
Form type
4
Date filed
5/17/2021, 04:15 PM
Previous filing
May 14, 2021
Next filing
May 13, 2022

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 -$298K -11.5K -37.86% $25.90 18.9K May 14, 2021 Direct F1

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 F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $25.84 - $26.03. 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.
F2 Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock or the cash value thereof.
F3 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.