Rebecca Ann Kidd - Dec 31, 2021 Form 5 Insider Report for COVETRUS, INC. (CVET)

Signature
/s/ Margaret B. Pritchard, as attorney-in-fact for Rebecca Ann Kidd
Stock symbol
CVET
Transactions as of
Dec 31, 2021
Transactions value $
$0
Form type
5
Date filed
1/28/2022, 03:02 PM
Previous filing
Sep 17, 2021
Next filing
Mar 3, 2022

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
holding CVET Restricted Stock Units 22.1K Dec 31, 2021 Common Stock 22.1K Direct F1, F2
holding CVET Restricted Stock Units 14.7K Dec 31, 2021 Common Stock 14.7K Direct F1, F3
* 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, 100% of the RSUs will vest on the first anniversary of the grant date.
F3 Subject to the Report Person's continuous service as an employee of the Issuer, the RSUs will vest 33% at the one-year anniversary of the grant date, then in equal ratable quarterly increments for the subsequent eight quarters.