Rebecca Ann Kidd - 01 Jul 2022 Form 4 Insider Report for COVETRUS, INC.

Role: Head of Global Operations
Signature: /s/ Margaret B. Pritchard, as attorney-in-fact for Rebecca Ann Kidd
Issuer symbol: N/A
Transactions as of: 01 Jul 2022
Net transactions value: -$161,963
Form type: 4
Filing time: 06 Jul 2022, 16:06:31 UTC
Previous filing: 03 Mar 2022
Next filing: 04 Oct 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CVET	Common Stock	Options Exercise	$0	+22,066		$0.000000	22,066	01 Jul 2022	Direct
transaction	CVET	Common Stock	Options Exercise	$0	+4,854	+22%	$0.000000	26,920	01 Jul 2022	Direct
transaction	CVET	Common Stock	Tax liability	$161,963	-7,768	-29%	$20.85	19,152	01 Jul 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	-22,066	-100%	$0.000000^*	0	01 Jul 2022	Common Stock	22,066		Direct	F1, F2
transaction	CVET	Restricted Stock Units	Options Exercise	$0	-4,854	-33%	$0.000000	9,857	01 Jul 2022	Common Stock	4,854		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 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.