Andrew Cuneo - 02 Mar 2024 Form 4 Insider Report for Viatris Inc (VTRS)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
05 Mar 2024, 19:47:44 UTC
Prior SEC filing
23 Feb 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Kevin Macikowski, by power of attorney

Key filing fact

Andrew Cuneo filed Form 4 for Viatris Inc (VTRS) on 05 Mar 2024.

Key facts

  • This page summarizes Andrew Cuneo's Form 4 filing for Viatris Inc (VTRS).
  • 23 reported transactions and 9 derivative rows are listed below.
  • Accepted by SEC: 05 Mar 2024, 19:47.

Change

  • Previous filing in this sequence was filed on 23 Feb 2024.
  • Current net transaction value: -$257,007.

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
+17,372
Change %
+50%
Price
$0.000000
Shares after
52,167
Date
02 Mar 2024
Ownership
Direct
VTRS transaction

Common Stock

Tax liability

Transaction value
$99,335
Shares
-7,890
Change %
-15%
Price
$12.59
Shares after
44,277
Date
02 Mar 2024
Ownership
Direct
Footnotes
F1
VTRS transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+7,348
Change %
+17%
Price
$0.000000
Shares after
51,625
Date
02 Mar 2024
Ownership
Direct
VTRS transaction

Common Stock

Tax liability

Transaction value
$41,031
Shares
-3,259
Change %
-6.3%
Price
$12.59
Shares after
48,366
Date
02 Mar 2024
Ownership
Direct
Footnotes
F2
VTRS transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+972
Change %
+2%
Price
$0.000000
Shares after
49,338
Date
02 Mar 2024
Ownership
Direct
Footnotes
F3
VTRS transaction

Common Stock

Tax liability

Transaction value
$5,439
Shares
-432
Change %
-0.88%
Price
$12.59
Shares after
48,906
Date
02 Mar 2024
Ownership
Direct
Footnotes
F4
VTRS transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+12,579
Change %
+26%
Price
$0.000000
Shares after
61,485
Date
03 Mar 2024
Ownership
Direct
VTRS transaction

Common Stock

Tax liability

Transaction value
$70,240
Shares
-5,579
Change %
-9.1%
Price
$12.59
Shares after
55,906
Date
03 Mar 2024
Ownership
Direct
Footnotes
F5
VTRS transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+620
Change %
+1.1%
Price
$0.000000
Shares after
56,526
Date
03 Mar 2024
Ownership
Direct
Footnotes
F6
VTRS transaction

Common Stock

Tax liability

Transaction value
$3,462
Shares
-275
Change %
-0.49%
Price
$12.59
Shares after
56,251
Date
03 Mar 2024
Ownership
Direct
Footnotes
F7
VTRS transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+6,291
Change %
+11%
Price
$0.000000
Shares after
62,542
Date
04 Mar 2024
Ownership
Direct
VTRS transaction

Common Stock

Tax liability

Transaction value
$34,497
Shares
-2,791
Change %
-4.5%
Price
$12.36
Shares after
59,751
Date
04 Mar 2024
Ownership
Direct
Footnotes
F8
VTRS transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+547
Change %
+0.92%
Price
$0.000000
Shares after
60,298
Date
04 Mar 2024
Ownership
Direct
Footnotes
F9
VTRS transaction

Common Stock

Tax liability

Transaction value
$3,003
Shares
-243
Change %
-0.4%
Price
$12.36
Shares after
60,055
Date
04 Mar 2024
Ownership
Direct
Footnotes
F10

Reported derivative securities

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

VTRS transaction Derivative

Performance Restricted Stock Units

Award

Transaction value
$0
Shares
+17,372
Change %
Price
$0.000000
Shares after
17,372
Date
02 Mar 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
17,372
Exercise price
$0.000000
Footnotes
F11, F12
VTRS transaction Derivative

Performance Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-17,372
Change %
-100%
Price
$0.000000*
Shares after
0
Date
02 Mar 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
17,372
Exercise price
$0.000000
Footnotes
F12
VTRS transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-7,348
Change %
-100%
Price
$0.000000*
Shares after
0
Date
02 Mar 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
7,348
Exercise price
$0.000000
Footnotes
F13
VTRS transaction Derivative

Dividend Equivalent Units

Options Exercise

Transaction value
$0
Shares
-971
Change %
-100%
Price
$0.000000*
Shares after
0
Date
02 Mar 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
971
Exercise price
$0.000000
Footnotes
F14, F15
VTRS transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-12,579
Change %
-33%
Price
$0.000000
Shares after
25,157
Date
03 Mar 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
12,579
Exercise price
$0.000000
Footnotes
F16
VTRS transaction Derivative

Dividend Equivalent Units

Options Exercise

Transaction value
$0
Shares
-619
Change %
-33%
Price
$0.000000
Shares after
1,239
Date
03 Mar 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
619
Exercise price
$0.000000
Footnotes
F14, F17
VTRS transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-6,291
Change %
-50%
Price
$0.000000
Shares after
6,291
Date
04 Mar 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
6,291
Exercise price
$0.000000
Footnotes
F18
VTRS transaction Derivative

Dividend Equivalent Units

Options Exercise

Transaction value
$0
Shares
-547
Change %
-50%
Price
$0.000000
Shares after
547
Date
04 Mar 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
547
Exercise price
$0.000000
Footnotes
F14, F19
VTRS transaction Derivative

Restricted Stock Units

Award

Transaction value
$0
Shares
+35,397
Change %
Price
$0.000000
Shares after
35,397
Date
04 Mar 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
35,397
Exercise price
$0.000000
Footnotes
F20
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 20 footnotes

Footnote F1

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

Footnote F2

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 F3

Fractional shares have been rounded up in connection with the settlement described in footnote 15 pursuant to the terms of the RSU award agreement under the Viatris Inc. 2020 Stock Incentive Plan.

Footnote F4

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 F5

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 3, 2023.

Footnote F6

Fractional shares have been rounded up in connection with the settlement described in footnote 17 pursuant to the terms of the RSU award agreement under the Viatris Inc. 2020 Stock Incentive Plan.

Footnote F7

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 3, 2023.

Footnote F8

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 F9

Fractional shares have been rounded up in connection with the settlement described in footnote 19 pursuant to the terms of the RSU award agreement under the Viatris Inc. 2020 Stock Incentive Plan.

Footnote F10

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 F11

Amount includes DEUs that accrued with respect to the PRSUs previously granted on March 2, 2021 and vest on the same schedule as the underlying PRSUs. Fractional shares with respect to such DEUs were rounded up pursuant to the terms of the PRSU award agreement under the Viatris Inc. 2020 Stock Incentive Plan.

Footnote F12

Each PRSU represents the right to receive one share of common stock of Viatris Inc. (Viatris). The PRSUs were initially granted on March 2, 2021, subject to the attainment of previously established three-year performance goals and a vesting period. The PRSUs vested on March 2, 2024.

Footnote F13

Each RSU represents the right to receive one share of common stock of Viatris. 7,348 of the RSUs granted on March 2, 2021 vested on each of March 2, 2022, March 2, 2023 and March 2, 2024.

Footnote F14

Amount represents DEUs that accrued with respect to such RSUs in transactions exempt from Section 16 under Rule 16a-11.

Footnote F15

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 F16

Each RSU represents the right to receive one share of common stock of Viatris. 12,579 of the RSUs granted on March 3, 2023 vested on March 3, 2024, 12,578 will vest on March 3, 2025 and 12,579 will vest on March 3, 2026.

Footnote F17

Represents DEUs that accrued with respect to the RSUs previously granted on March 3, 2023 and vest on the same schedule as the underlying RSUs.

Footnote F18

Each RSU represents the right to receive one share of common stock of Viatris. 6,291 of the RSUs granted on March 4, 2022 vested on each of March 4, 2023 and March 4, 2024 and 6,291 will vest on March 4, 2025.

Footnote F19

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.

Footnote F20

Each RSU represents the right to receive one share of common stock of Viatris. The RSUs vest in three equal annual installments beginning on March 4, 2025.

SEC remarks

President, JANZ (Japan, Australia and New Zealand) and Emerging Markets

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