Sharon L. Wienbar - Oct 13, 2022 Form 4 Insider Report for COVETRUS, INC. (CVET)

Role
Director
Signature
/s/ Margaret B. Pritchard, as attorney-in-fact for Sharon L. Wienbar
Stock symbol
CVET
Transactions as of
Oct 13, 2022
Transactions value $
$0
Form type
4
Date filed
10/13/2022, 11:05 AM
Previous filing
Oct 5, 2022
Next filing
Jan 3, 2023

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 -Disposed to Issuer $0 -46,445 -100% $0.00 0 Oct 13, 2022 Common Stock 46,445 Direct F1, F2

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 Pursuant to the Merger Agreement, outstanding RSUs vested (to the extent unvested) and were terminated and cancelled in exchange for the right to receive a lump sum cash payment equal to (x) the number of Shares underlying such RSUs immediately prior to the effective time of the Merger, multiplied by (y) the Merger Consideration.