Timothy Ludlow - 14 May 2021 Form 4 Insider Report for COVETRUS, INC.

Signature
/s/ Margaret B. Pritchard, as attorney-in-fact for Timothy Ludlow
Issuer symbol
N/A
Transactions as of
14 May 2021
Net transactions value
-$523,216
Form type
4
Filing time
18 May 2021, 17:34:09 UTC
Next filing
22 Jun 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVET Common Stock Award $0 +48,931 +67% $0.000000 121,535 14 May 2021 Direct F1, F2
transaction CVET Common Stock Tax liability $523,216 -20,217 -17% $25.88 101,318 14 May 2021 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares represent common stock acquired on May 14, 2021 upon settlement of a Performance Share Unit award granted on January 14, 2020 for the performance period ended December 31, 2020.
F2 Each Performance Share Unit represents a contingent right to receive one share of common stock upon vesting based on the attainment of performance goals.
F3 Represents shares withheld by the Issuer to satisfy tax withholding obligation upon the vesting of the Performance Share Units.

Remarks:

Executive Vice President and Chief Transformation Officer