Anthony Mauro - 02 Mar 2024 Form 4 Insider Report for Viatris Inc (VTRS)

Reporting relationship: President, Developed Markets
Issuer ticker: VTRS
Reported as of: 02 Mar 2024
Net transaction value: -$1,475,786
SEC form: 4
Accepted by SEC: 05 Mar 2024, 20:35:37 UTC
Prior SEC filing: 06 Mar 2023
Next SEC filing: 15 Mar 2024
Source filing: View source filing
Reporting owner signature: /s/ Kevin Macikowski, by power of attorney

Key filing fact

Anthony Mauro filed Form 4 for Viatris Inc (VTRS) on 05 Mar 2024.

Key facts

This page summarizes Anthony Mauro's Form 4 filing for Viatris Inc (VTRS).
22 reported transactions and 8 derivative rows are listed below.
Accepted by SEC: 05 Mar 2024, 20:35.

Change

Previous filing in this sequence was filed on 06 Mar 2023.
Current net transaction value: -$1,475,786.

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: +158,824
Change %: +47%
Price: $0.000000
Shares after: 499,154
Date: 02 Mar 2024
Ownership: Direct

VTRS transaction

Common Stock

Tax liability

Transaction value: $869,629
Shares: -69,073
Change %: -14%
Price: $12.59
Shares after: 430,081
Date: 02 Mar 2024
Ownership: Direct
Footnotes: F1

VTRS transaction

Common Stock

Options Exercise

Transaction value: $0
Shares: +29,858
Change %: +6.9%
Price: $0.000000
Shares after: 459,939
Date: 02 Mar 2024
Ownership: Direct

VTRS transaction

Common Stock

Tax liability

Transaction value: $163,494
Shares: -12,986
Change %: -2.8%
Price: $12.59
Shares after: 446,953
Date: 02 Mar 2024
Ownership: Direct
Footnotes: F2

VTRS transaction

Common Stock

Options Exercise

Transaction value: $0
Shares: +3,948
Change %: +0.88%
Price: $0.000000
Shares after: 450,901
Date: 02 Mar 2024
Ownership: Direct
Footnotes: F3

VTRS transaction

Common Stock

Tax liability

Transaction value: $21,617
Shares: -1,717
Change %: -0.38%
Price: $12.59
Shares after: 449,184
Date: 02 Mar 2024
Ownership: Direct
Footnotes: F4

VTRS transaction

Common Stock

Options Exercise

Transaction value: $0
Shares: +36,059
Change %: +8%
Price: $0.000000
Shares after: 485,243
Date: 03 Mar 2024
Ownership: Direct

VTRS transaction

Common Stock

Tax liability

Transaction value: $197,449
Shares: -15,683
Change %: -3.2%
Price: $12.59
Shares after: 469,560
Date: 03 Mar 2024
Ownership: Direct
Footnotes: F5

VTRS transaction

Common Stock

Options Exercise

Transaction value: $0
Shares: +1,776
Change %: +0.38%
Price: $0.000000
Shares after: 471,336
Date: 03 Mar 2024
Ownership: Direct
Footnotes: F6

VTRS transaction

Common Stock

Tax liability

Transaction value: $9,732
Shares: -773
Change %: -0.16%
Price: $12.59
Shares after: 470,563
Date: 03 Mar 2024
Ownership: Direct
Footnotes: F7

VTRS transaction

Common Stock

Options Exercise

Transaction value: $0
Shares: +36,601
Change %: +7.8%
Price: $0.000000
Shares after: 507,164
Date: 04 Mar 2024
Ownership: Direct

VTRS transaction

Common Stock

Tax liability

Transaction value: $196,746
Shares: -15,918
Change %: -3.1%
Price: $12.36
Shares after: 491,246
Date: 04 Mar 2024
Ownership: Direct
Footnotes: F8

VTRS transaction

Common Stock

Options Exercise

Transaction value: $0
Shares: +3,183
Change %: +0.65%
Price: $0.000000
Shares after: 494,429
Date: 04 Mar 2024
Ownership: Direct
Footnotes: F9

VTRS transaction

Common Stock

Tax liability

Transaction value: $17,119
Shares: -1,385
Change %: -0.28%
Price: $12.36
Shares after: 493,044
Date: 04 Mar 2024
Ownership: Direct
Footnotes: F10

VTRS holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 5,574
Date: 02 Mar 2024
Ownership: By 401(k) Plan

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: +158,824
Change %
Price: $0.000000
Shares after: 158,824
Date: 02 Mar 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 158,824
Exercise price: $0.000000
Footnotes: F11, F12

VTRS transaction Derivative

Performance Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -158,824
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 02 Mar 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 158,824
Exercise price: $0.000000
Footnotes: F12

VTRS transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -29,858
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 02 Mar 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 29,858
Exercise price: $0.000000
Footnotes: F13

VTRS transaction Derivative

Dividend Equivalent Units

Options Exercise

Transaction value: $0
Shares: -3,947
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 02 Mar 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 3,947
Exercise price: $0.000000
Footnotes: F14, F15

VTRS transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -36,059
Change %: -33%
Price: $0.000000
Shares after: 72,118
Date: 03 Mar 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 36,059
Exercise price: $0.000000
Footnotes: F16

VTRS transaction Derivative

Dividend Equivalent Units

Options Exercise

Transaction value: $0
Shares: -1,775
Change %: -33%
Price: $0.000000
Shares after: 3,551
Date: 03 Mar 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 1,775
Exercise price: $0.000000
Footnotes: F14, F17

VTRS transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -36,601
Change %: -50%
Price: $0.000000
Shares after: 36,602
Date: 04 Mar 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 36,601
Exercise price: $0.000000
Footnotes: F18

VTRS transaction Derivative

Dividend Equivalent Units

Options Exercise

Transaction value: $0
Shares: -3,183
Change %: -50%
Price: $0.000000
Shares after: 3,183
Date: 04 Mar 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 3,183
Exercise price: $0.000000
Footnotes: F14, F19

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

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 19 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

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. 29,858 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. 36,059 of the RSUs granted on March 3, 2023 vested on March 3, 2024. Mr. Mauro is separating from Viatris on April 1, 2024 and, as a result, the 36,059 RSUs granted on March 3, 2023 that would have vested on each of March 3, 2025 and March 3, 2026 will be forfeited upon his separation.

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. 36,601 of the RSUs granted on March 4, 2022 vested on each of March 4, 2023 and March 4, 2024. Mr. Mauro is separating from Viatris on April 1, 2024 and, as a result, the 36,602 RSUs granted on March 4, 2022 that would have vested on March 4, 2025 will be forfeited upon his separation.

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.

SEC remarks

President, Developed Markets