Benjamin Wolin - Jun 1, 2022 Form 4 Insider Report for COVETRUS, INC. (CVET)

Role: President and CEO, Director
Signature: /s/ Margaret B. Pritchard, as attorney-in-fact for Benjamin Wolin
Stock symbol: CVET
Transactions as of: Jun 1, 2022
Transactions value $: -$68,347
Form type: 4
Date filed: 6/3/2022, 04:04 PM
Previous filing: May 25, 2022
Next filing: Jun 16, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CVET	Common Stock	Options Exercise	$0	+7.53K	+3.59%	$0.00	217K	Jun 1, 2022	Direct
transaction	CVET	Common Stock	Tax liability	-$68.3K	-3.31K	-1.52%	$20.68	214K	Jun 1, 2022	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	-7.53K	-12.5%	$0.00	52.7K	Jun 1, 2022	Common Stock	7.53K		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 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.