David Hinton - May 14, 2021 Form 4 Insider Report for COVETRUS, INC. (CVET)

Signature
/s/ Margaret B. Pritchard, as attorney-in-fact for David Hinton
Stock symbol
CVET
Transactions as of
May 14, 2021
Transactions value $
-$362,579
Form type
4
Date filed
5/18/2021, 05:34 PM
Previous filing
Jun 4, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVET Common Stock Award $0 +29.8K +930.82% $0.00 33K May 14, 2021 Direct F1, F2
transaction CVET Common Stock Tax liability -$363K -14K -42.45% $25.88 19K May 14, 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, President APAC and Emerging Markets