Robert J. Coury - 02 Mar 2023 Form 4 Insider Report for Viatris Inc (VTRS)

Reporting relationship: Executive Chairman, Director
Issuer ticker: VTRS
Reported as of: 02 Mar 2023
Net transaction value: -$1,378,484
SEC form: 4
Accepted by SEC: 06 Mar 2023, 18:01:10 UTC
Prior SEC filing: 23 Mar 2022
Source filing: View source filing
Reporting owner signature: /s/ Kevin Macikowski, by power of attorney

Key filing fact

Robert J. Coury filed Form 4 for Viatris Inc (VTRS) on 06 Mar 2023.

Key facts

This page summarizes Robert J. Coury's Form 4 filing for Viatris Inc (VTRS).
13 reported transactions and 5 derivative rows are listed below.
Accepted by SEC: 06 Mar 2023, 18:01.

Change

Previous filing in this sequence was filed on 23 Mar 2022.
Current net transaction value: -$1,378,484.

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.

VTRS transaction

Common Stock

Options Exercise

Transaction value: $0
Shares: +100,770
Change %: +9.5%
Price: $0.000000
Shares after: 1,162,429
Date: 02 Mar 2023
Ownership: Direct

VTRS transaction

Common Stock

Tax liability

Transaction value: $588,232
Shares: -52,851
Change %: -4.5%
Price: $11.13
Shares after: 1,109,578
Date: 02 Mar 2023
Ownership: Direct
Footnotes: F1

VTRS transaction

Common Stock

Options Exercise

Transaction value: $0
Shares: +7,969
Change %: +0.72%
Price: $0.000000
Shares after: 1,117,547
Date: 02 Mar 2023
Ownership: Direct
Footnotes: F2

VTRS transaction

Common Stock

Tax liability

Transaction value: $45,900
Shares: -4,124
Change %: -0.37%
Price: $11.13^*
Shares after: 1,113,423
Date: 02 Mar 2023
Ownership: Direct
Footnotes: F3

VTRS transaction

Common Stock

Options Exercise

Transaction value: $0
Shares: +123,529
Change %: +11%
Price: $0.000000
Shares after: 1,236,952
Date: 04 Mar 2023
Ownership: Direct

VTRS transaction

Common Stock

Tax liability

Transaction value: $718,519
Shares: -64,557
Change %: -5.2%
Price: $11.13
Shares after: 1,172,395
Date: 04 Mar 2023
Ownership: Direct
Footnotes: F4

VTRS transaction

Common Stock

Options Exercise

Transaction value: $0
Shares: +4,441
Change %: +0.38%
Price: $0.000000
Shares after: 1,176,836
Date: 04 Mar 2023
Ownership: Direct
Footnotes: F5

VTRS transaction

Common Stock

Tax liability

Transaction value: $25,833
Shares: -2,321
Change %: -0.2%
Price: $11.13
Shares after: 1,174,515
Date: 04 Mar 2023
Ownership: Direct
Footnotes: F6

Reported derivative securities

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

VTRS transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -100,770
Change %: -50%
Price: $0.000000
Shares after: 100,770
Date: 02 Mar 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 100,770
Exercise price: $0.000000
Footnotes: F7

VTRS transaction Derivative

Dividend Equivalent Units

Options Exercise

Transaction value: $0
Shares: -7,968
Change %: -50%
Price: $0.000000
Shares after: 7,969
Date: 02 Mar 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 7,968
Exercise price: $0.000000
Footnotes: F8, F9

VTRS transaction Derivative

Restricted Stock Units

Award

Transaction value: $0
Shares: +367,925
Change %
Price: $0.000000
Shares after: 367,925
Date: 03 Mar 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 367,925
Exercise price: $0.000000
Footnotes: F10

VTRS transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -123,529
Change %: -33%
Price: $0.000000
Shares after: 247,060
Date: 04 Mar 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 123,529
Exercise price: $0.000000
Footnotes: F11

VTRS transaction Derivative

Dividend Equivalent Units

Options Exercise

Transaction value: $0
Shares: -4,440
Change %: -33%
Price: $0.000000
Shares after: 8,881
Date: 04 Mar 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 4,440
Exercise price: $0.000000
Footnotes: F12, F13

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

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 13 footnotes

Footnote F1

Represents withholding of shares of common stock for the tax liability associated with the vesting and settlement of a portion of the restricted stock units (RSUs) granted on March 2, 2021.

Footnote F2

Fractional shares have been rounded up in connection with the settlement described in footnote 9 pursuant to the terms of the RSU award agreement under the Viatris Inc. 2020 Stock Incentive Plan.

Footnote F3

Represents withholding of shares of common stock for the tax liability associated with the vesting and settlement of a portion of the dividend equivalent units (DEUs) that accrued with respect to the RSUs previously granted on March 2, 2021.

Footnote F4

Represents withholding of shares of common stock for the tax liability associated with the vesting and settlement of a portion of the RSUs granted on March 4, 2022.

Footnote F5

Fractional shares have been rounded up in connection with the settlement described in footnote 13 pursuant to the terms of the RSU award agreement under the Viatris Inc. 2020 Stock Incentive Plan.

Footnote F6

Represents withholding of shares of common stock for the tax liability associated with the vesting and settlement of a portion of the DEUs that accrued with respect to the RSUs previously granted on March 4, 2022.

Footnote F7

Each RSU represents the right to receive one share of common stock of Viatris Inc. (Viatris). 100,770 of the RSUs granted on March 2, 2021 vested on each of March 2, 2022 and March 2, 2023 and 100,770 will vest on March 2, 2024.

Footnote F8

On May 6, 2022, Viatris filed a registration statement on Form S-3 with respect to its Dividend Reinvestment and Share Purchase Plan; amount includes DEUs that subsequently accrued with respect to such RSUs in June 2022, September 2022 and December 2022 in transactions exempt from Section 16 under Rule 16a-11.

Footnote F9

Represents DEUs that accrued with respect to the RSUs previously granted on March 2, 2021 and vest on the same schedule as the underlying RSUs.

Footnote F10

Each RSU represents the right to receive one share of common stock of Viatris. 122,642 of the RSUs granted on March 3, 2023 will vest on March 3, 2024, 122,641 will vest on March 3, 2025 and 122,642 will vest on March 3, 2026.

Footnote F11

Each RSU represents the right to receive one share of common stock of Viatris. 123,529 of the RSUs granted on March 4, 2022 vested on March 4, 2023 and 123,530 will vest on each of March 4, 2024 and March 4, 2025.

Footnote F12

On May 6, 2022, Viatris filed a registration statement on Form S-3 with respect to its Dividend Reinvestment and Share Purchase Plan; amount represents DEUs that subsequently accrued with respect to such RSUs in June 2022, September 2022 and December 2022 in transactions exempt from Section 16 under Rule 16a-11.

Footnote F13

Represents DEUs that accrued with respect to the RSUs previously granted on March 4, 2022 and vest on the same schedule as the underlying RSUs.