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

Signature
/s/ Margaret B. Pritchard, as attorney-in-fact for Matthew Malenfant
Issuer symbol
N/A
Transactions as of
18 May 2021
Net transactions value
-$221,370
Form type
4
Filing time
20 May 2021, 16:06:42 UTC
Previous filing
20 May 2021
Next filing
03 Sep 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVET Common Stock Options Exercise $0 +21,086 +114% $0.000000 39,583 18 May 2021 Direct
transaction CVET Common Stock Tax liability $221,370 -8,446 -21% $26.21 31,137 18 May 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 -21,086 -33% $0.000000 42,173 18 May 2021 Common Stock 21,086 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