Matthew Malenfant - May 18, 2021 Form 4 Insider Report for COVETRUS, INC. (CVET)

Role
President, Customer Operations North America
Signature
/s/ Margaret B. Pritchard, as attorney-in-fact for Matthew Malenfant
Stock symbol
CVET
Transactions as of
May 18, 2021
Transactions value $
-$221,370
Form type
4
Date filed
5/20/2021, 04:06 PM
Previous filing
May 20, 2021
Next filing
Sep 3, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVET Common Stock Options Exercise $0 +21.1K +114% $0.00 39.6K May 18, 2021 Direct
transaction CVET Common Stock Tax liability -$221K -8.45K -21.34% $26.21 31.1K May 18, 2021 Direct

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 -21.1K -33.33% $0.00 42.2K May 18, 2021 Common Stock 21.1K 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 an employee of the Issuer, the RSUs will vest in three equal annual installments beginning on May 18, 2021.

Remarks:

President, Customer Operations North America