Michael Goettler - 02 Mar 2023 Form 4 Insider Report for Viatris Inc (VTRS)

Reporting relationship: Chief Executive Officer, Director
Issuer ticker: VTRS
Reported as of: 02 Mar 2023
Net transaction value: -$971,883
SEC form: 4
Accepted by SEC: 06 Mar 2023, 18:00:28 UTC
Prior SEC filing: 01 Mar 2023
Next SEC filing: 29 Jul 2025
Source filing: View source filing
Reporting owner signature: /s/ Kevin Macikowski, by power of attorney

Key filing fact

Michael Goettler filed Form 4 for Viatris Inc (VTRS) on 06 Mar 2023.

Key facts

This page summarizes Michael Goettler's Form 4 filing for Viatris Inc (VTRS).
12 reported transactions and 4 derivative rows are listed below.
Accepted by SEC: 06 Mar 2023, 18:00.

Change

Previous filing in this sequence was filed on 01 Mar 2023.
Current net transaction value: -$971,883.

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: +84,908
Change %: +41%
Price: $0.000000
Shares after: 294,432
Date: 02 Mar 2023
Ownership: Direct

VTRS transaction

Common Stock

Tax liability

Transaction value: $413,735
Shares: -37,173
Change %: -13%
Price: $11.13
Shares after: 257,259
Date: 02 Mar 2023
Ownership: Direct
Footnotes: F1

VTRS transaction

Common Stock

Options Exercise

Transaction value: $0
Shares: +6,715
Change %: +2.6%
Price: $0.000000
Shares after: 263,974
Date: 02 Mar 2023
Ownership: Direct
Footnotes: F2

VTRS transaction

Common Stock

Tax liability

Transaction value: $32,722
Shares: -2,940
Change %: -1.1%
Price: $11.13
Shares after: 261,034
Date: 02 Mar 2023
Ownership: Direct
Footnotes: F3

VTRS transaction

Common Stock

Options Exercise

Transaction value: $0
Shares: +104,085
Change %: +40%
Price: $0.000000
Shares after: 365,119
Date: 04 Mar 2023
Ownership: Direct

VTRS transaction

Common Stock

Tax liability

Transaction value: $507,183
Shares: -45,569
Change %: -12%
Price: $11.13
Shares after: 319,550
Date: 04 Mar 2023
Ownership: Direct
Footnotes: F4

VTRS transaction

Common Stock

Options Exercise

Transaction value: $0
Shares: +3,742
Change %: +1.2%
Price: $0.000000
Shares after: 323,292
Date: 04 Mar 2023
Ownership: Direct
Footnotes: F5

VTRS transaction

Common Stock

Tax liability

Transaction value: $18,242
Shares: -1,639
Change %: -0.51%
Price: $11.13
Shares after: 321,653
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: -84,908
Change %: -50%
Price: $0.000000
Shares after: 84,908
Date: 02 Mar 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 84,908
Exercise price: $0.000000
Footnotes: F7

VTRS transaction Derivative

Dividend Equivalent Units

Options Exercise

Transaction value: $0
Shares: -6,715
Change %: -50%
Price: $0.000000
Shares after: 6,714
Date: 02 Mar 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 6,715
Exercise price: $0.000000
Footnotes: F8, F9

VTRS transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -104,085
Change %: -33%
Price: $0.000000
Shares after: 208,170
Date: 04 Mar 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 104,085
Exercise price: $0.000000
Footnotes: F10

VTRS transaction Derivative

Dividend Equivalent Units

Options Exercise

Transaction value: $0
Shares: -3,742
Change %: -33%
Price: $0.000000
Shares after: 7,483
Date: 04 Mar 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 3,742
Exercise price: $0.000000
Footnotes: F11, F12

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

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 12 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 12 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). 84,908 of the RSUs granted on March 2, 2021 vested on each of March 2, 2022 and March 2, 2023. Mr. Goettler is separating from Viatris on April 1, 2023 and, as a result, the 84,908 RSUs granted on March 2, 2021 that would have vested on March 2, 2024 will be forfeited upon his separation.

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. 104,085 of the RSUs granted on March 4, 2022 vested on March 4, 2023. Mr. Goettler is separating from Viatris on April 1, 2023 and, as a result, the 104,085 RSUs granted on March 4, 2022 that would have vested on each of March 4, 2024 and March 4, 2025, in each case, will be forfeited upon his separation.

Footnote F11

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 F12

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.