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

Signature
/s/ Margaret B. Pritchard, as attorney-in-fact for Benjamin Wolin
Stock symbol
CVET
Transactions as of
Sep 1, 2022
Transactions value $
-$68,831
Form type
4
Date filed
9/6/2022, 04:08 PM
Previous filing
Aug 11, 2022
Next filing
Oct 13, 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 +3.87% $0.00 202K Sep 1, 2022 Direct
transaction CVET Common Stock Tax liability -$68.8K -3.31K -1.64% $20.82 199K Sep 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 -14.29% $0.00 45.2K Sep 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.