Form 4 for VTRS Viatris
Accepted 2023-03-06 00:00:00 ET · period of report 2023-03-02 · accession 0000899243-23-007218 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2023-03-06 | 2023-03-02+ | VTRS | Ni Xiangyang (Sean) | Pres, Greater China | M - OptEx | $0.00 | +15.6K | 49.6K | +46% | $0 |
| DM | 2023-03-06 | 2023-03-03+ | VTRS | Ni Xiangyang (Sean) | Pres, Greater China | S - Sale+OE | $11.13 | -6,241 | 46.4K | -12% | -$69.5K |
| DM | 2023-03-06 | 2023-03-02+ | VTRS | Ni Xiangyang (Sean) | Pres, Greater China | M - OptEx | $0.00 | -15.6K | 569 | -96% | $0 |
| D | 2023-03-06 | 2023-03-03 | VTRS | Ni Xiangyang (Sean) | Pres, Greater China | A - Grant | $0.00 | +40.9K | 40.9K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-03-02 | M | A | 7,195 | $0.00 | 44,252 | D | — | — | |
| 2 | Common | Common Stock | 2023-03-02 | M | A | 570 | $0.00 | 44,822 | D | — | — | (F1) Fractional shares have been rounded up in connection with the settlement described in footnote 9 pursuant to the terms of the restricted stock unit (RSU) award agreement under the Viatris Inc. 2020 Stock Incentive Plan. |
| 3 | Common | Common Stock | 2023-03-03 | S | D | 3,093 | $11.18 | 41,729 | D | — | — | (F2) Shares sold to satisfy the tax liability associated with the vesting and settlement of the RSUs granted on March 2, 2021 and the related dividend equivalent units (DEUs). (F3) Represents the weighted average price of the reporting person's disposition of 3,093 shares of common stock in transactions ranging from $11.16 to $11.18. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares of common stock sold at each separate price within the range set forth in this footnote. |
| 4 | Common | Common Stock | 2023-03-04 | M | A | 7,563 | $0.00 | 49,292 | D | — | — | |
| 5 | Common | Common Stock | 2023-03-04 | M | A | 272 | $0.00 | 49,564 | D | — | — | (F4) 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. |
| 6 | Common | Common Stock | 2023-03-06 | S | D | 3,148 | $11.08 | 46,416 | D | — | — | (F5) Shares sold to satisfy the tax liability associated with the vesting and settlement of the RSUs granted on March 4, 2022 and the related DEUs. (F6) Represents the weighted average price of the reporting person's disposition of 3,148 shares of common stock in transactions ranging from $10.995 to $11.14. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares of common stock sold at each separate price within the range set forth in this footnote. |
| 7 | Derivative | Restricted Stock Units | 2023-03-04 | M | D | 7,563 | $0.00 | 15,128 | D | $0.00 · — to — | 7,563 Common Stock | (F11) Each RSU represents the right to receive one share of common stock of Viatris. 7,563 of the RSUs granted on March 4, 2022 vested on March 4, 2023 and 7,564 will vest on each of March 4, 2024 and March 4, 2025. |
| 8 | Derivative | Dividend Equivalent Units | 2023-03-04 | M | D | 271.67 | $0.00 | 544 | D | $0.00 · — to — | 271.67 Common Stock | (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. (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. |
| 9 | Derivative | Restricted Stock Units | 2023-03-02 | M | D | 7,195 | $0.00 | 7,195 | D | $0.00 · — to — | 7,195 Common Stock | (F7) Each RSU represents the right to receive one share of common stock of Viatris Inc. (Viatris). 7,195 of the RSUs granted on March 2, 2021 vested on each of March 2, 2022 and March 2, 2023 and 7,195 will vest on March 2, 2024. |
| 10 | Derivative | Dividend Equivalent Units | 2023-03-02 | M | D | 569.08 | $0.00 | 569 | D | $0.00 · — to — | 569.08 Common Stock | (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. (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. |
| 11 | Derivative | Restricted Stock Units | 2023-03-03 | A | A | 40,881 | $0.00 | 40,881 | D | $0.00 · — to — | 40,881 Common Stock | (F10) 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 3, 2024. |