Sandra E. Peterson - 13 Oct 2022 Form 4 Insider Report for COVETRUS, INC.

Reporting relationship: Director
Issuer ticker: N/A
Reported as of: 13 Oct 2022
Net transaction value: $0
SEC form: 4
Accepted by SEC: 13 Oct 2022, 11:04:04 UTC
Prior SEC filing: 09 Sep 2022
Next SEC filing: 19 Oct 2022
Source filing: View source filing
Reporting owner signature: /s/ Margaret B. Pritchard, as attorney-in-fact for Sandra E. Peterson

Key filing fact

Sandra E. Peterson filed Form 4 for COVETRUS, INC. on 13 Oct 2022.

Key facts

This page summarizes Sandra E. Peterson's Form 4 filing for COVETRUS, INC..
2 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 13 Oct 2022, 11:04.

Change

Previous filing in this sequence was filed on 09 Sep 2022.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

CVET transaction

Common Stock

Disposed to Issuer

Transaction value: $0
Shares: -23,664
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 13 Oct 2022
Ownership: Direct
Footnotes: F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

CVET transaction Derivative

Restricted Stock Units

Disposed to Issuer

Transaction value: $0
Shares: -14,638
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 13 Oct 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 14,638
Exercise price
Footnotes: F2, F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

In connection with the merger of Corgi Merger Sub, Inc. ("Merger Sub") with and into the Issuer (the "Merger") pursuant to that certain Agreement and Plan of Merger, dated as of May 24, 2022, as amended from time to time, by and among the Issuer, Corgi Bidco, Inc. and Merger Sub, Inc. ("Merger Agreement"), shares of common stock, par value $0.01 per share, of the Issuer (the "Shares" and each a "Share"), were converted into the right to receive $21.00 per Share in cash, without interest (the "Merger Consideration").

Footnote F2

Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock or the cash value thereof.

Footnote F3

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.