Form 4 for VTRS Viatris
Accepted 2023-03-01 00:00:00 ET · period of report 2023-02-27 · accession 0000950170-23-005641 · 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 | 2023-03-01 | 2023-02-27 | VTRS | GOETTLER MICHAEL | CEO, Dir | M - OptEx | $0.00 | +128.7K | 257.1K | +100% | $0 |
| DM | 2023-03-01 | 2023-02-27 | VTRS | GOETTLER MICHAEL | CEO, Dir | F - Tax | $11.20 | -56.4K | 204.6K | -22% | -$631.2K |
| DM | 2023-03-01 | 2023-02-27 | VTRS | GOETTLER MICHAEL | CEO, Dir | M - OptEx | $0.00 | -128.7K | 0 | -100% | $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 | 2023-02-27 | M | A | 8,753 | $0.00 | 213,357 | D | — | — | (F2) Fractional shares have been rounded up in connection with the settlement described in footnote 5 pursuant to the terms of the RSU award agreement under the Viatris Inc. 2020 Stock Incentive Plan. |
| 2 | Common | Common Stock | 2023-02-27 | F | D | 3,833 | $11.20 | 209,524 | D | — | — | (F3) Represents withholding of shares of common stock for the tax liability associated with the vesting and settlement of the dividend equivalent units (DEUs) that accrued with respect to the 119,975 RSUs previously granted on November 20, 2020. |
| 3 | Common | Common Stock | 2023-02-27 | F | D | 52,526 | $11.20 | 204,604 | D | — | — | (F1) Represents withholding of shares of common stock for the tax liability associated with the vesting and settlement of the restricted stock units (RSUs) granted on November 20, 2020. |
| 4 | Common | Common Stock | 2023-02-27 | M | A | 119,975 | $0.00 | 257,130 | D | — | — | |
| 5 | Derivative | Dividend Equivalent Units | 2023-02-27 | M | D | 8,752.75 | $0.00 | 0 | D | $0.00 · — to — | 8,752.75 Common Stock | (F5) Represents DEUs that accrued with respect to the 119,975 RSUs previously granted on November 20, 2020 and vested on the same schedule as the underlying RSUs. 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. |
| 6 | Derivative | Restricted Stock Units | 2023-02-27 | M | D | 119,975 | $0.00 | 0 | D | $0.00 · — to — | 119,975 Common Stock | (F4) Each RSU represents the right to receive one share of common stock of Viatris Inc. (Viatris). These RSUs vested in full on February 27, 2023. |