Sanjeev Narula - 02 Mar 2023 Form 4 Insider Report for Viatris Inc (VTRS)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
06 Mar 2023, 18:00:57 UTC
Prior SEC filing
01 Mar 2023
Next SEC filing
14 Aug 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Kevin Macikowski, by power of attorney

Key filing fact

Sanjeev Narula filed Form 4 for Viatris Inc (VTRS) on 06 Mar 2023.

Key facts

  • This page summarizes Sanjeev Narula's Form 4 filing for Viatris Inc (VTRS).
  • 13 reported transactions and 5 derivative rows are listed below.
  • Accepted by SEC: 06 Mar 2023, 18:00.

Change

  • Previous filing in this sequence was filed on 01 Mar 2023.
  • Current net transaction value: -$331,407.

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
+26,125
Change %
+74%
Price
$0.000000
Shares after
61,299
Date
02 Mar 2023
Ownership
Direct
VTRS transaction

Common Stock

Tax liability

Transaction value
$126,437
Shares
-11,360
Change %
-19%
Price
$11.13
Shares after
49,939
Date
02 Mar 2023
Ownership
Direct
Footnotes
F1
VTRS transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+2,067
Change %
+4.1%
Price
$0.000000
Shares after
52,006
Date
02 Mar 2023
Ownership
Direct
Footnotes
F2
VTRS transaction

Common Stock

Tax liability

Transaction value
$10,006
Shares
-899
Change %
-1.7%
Price
$11.13
Shares after
51,107
Date
02 Mar 2023
Ownership
Direct
Footnotes
F3
VTRS transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+38,889
Change %
+76%
Price
$0.000000
Shares after
89,996
Date
04 Mar 2023
Ownership
Direct
VTRS transaction

Common Stock

Tax liability

Transaction value
$188,197
Shares
-16,909
Change %
-19%
Price
$11.13
Shares after
73,087
Date
04 Mar 2023
Ownership
Direct
Footnotes
F4
VTRS transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+1,398
Change %
+1.9%
Price
$0.000000
Shares after
74,485
Date
04 Mar 2023
Ownership
Direct
Footnotes
F5
VTRS transaction

Common Stock

Tax liability

Transaction value
$6,767
Shares
-608
Change %
-0.82%
Price
$11.13
Shares after
73,877
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
-26,125
Change %
-50%
Price
$0.000000
Shares after
26,126
Date
02 Mar 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
26,125
Exercise price
$0.000000
Footnotes
F7
VTRS transaction Derivative

Dividend Equivalent Units

Options Exercise

Transaction value
$0
Shares
-2,066
Change %
-50%
Price
$0.000000
Shares after
2,066
Date
02 Mar 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
2,066
Exercise price
$0.000000
Footnotes
F8, F9
VTRS transaction Derivative

Restricted Stock Units

Award

Transaction value
$0
Shares
+116,353
Change %
Price
$0.000000
Shares after
116,353
Date
03 Mar 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
116,353
Exercise price
$0.000000
Footnotes
F10
VTRS transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-38,889
Change %
-33%
Price
$0.000000
Shares after
77,778
Date
04 Mar 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
38,889
Exercise price
$0.000000
Footnotes
F11
VTRS transaction Derivative

Dividend Equivalent Units

Options Exercise

Transaction value
$0
Shares
-1,398
Change %
-33%
Price
$0.000000
Shares after
2,796
Date
04 Mar 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,398
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). 26,126 of the RSUs granted on March 2, 2021 vested on March 2, 2022, 26,125 vested on March 2, 2023 and 26,126 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. 38,785 of the RSUs granted on March 3, 2023 will vest on March 3, 2024 and 38,784 will vest on each of March 3, 2025 and March 3, 2026.

Footnote F11

Each RSU represents the right to receive one share of common stock of Viatris. 38,889 of the RSUs granted on March 4, 2022 vested on March 4, 2023 and 38,889 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.

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