Matthew Malenfant - 01 Jun 2022 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
01 Jun 2022
Net transactions value
-$9,347
Form type
4
Filing time
03 Jun 2022, 16:06:39 UTC
Previous filing
20 May 2022
Next filing
06 Sep 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVET Common Stock Options Exercise $0 +1,642 +2.6% $0.000000 65,347 01 Jun 2022 Direct
transaction CVET Common Stock Tax liability $9,347 -452 -0.69% $20.68 64,895 01 Jun 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 -1,642 -12% $0.000000 11,498 01 Jun 2022 Common Stock 1,642 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 33% at the one-year anniversary of the grant date, then in equal ratable quarterly increments for the subsequent eight quarters.