Brian Roman - Mar 2, 2023 Form 4 Insider Report for Viatris Inc (VTRS)

Signature
/s/ Kevin Macikowski, by power of attorney
Stock symbol
VTRS
Transactions as of
Mar 2, 2023
Transactions value $
-$273,698
Form type
4
Date filed
3/6/2023, 06:00 PM
Previous filing
Mar 23, 2022
Next filing
Mar 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VTRS Common Stock Exercise of in-the-money or at-the-money derivative security $0 +5.03K +8.65% $0.00 63.3K Mar 2, 2023 Direct
transaction VTRS Common Stock Tax liability -$26.6K -2.39K -3.78% $11.13 60.9K Mar 2, 2023 Direct F1
transaction VTRS Common Stock Exercise of in-the-money or at-the-money derivative security $0 +18.9K +31.02% $0.00 79.7K Mar 2, 2023 Direct
transaction VTRS Common Stock Tax liability -$91.8K -8.25K -10.34% $11.13 71.5K Mar 2, 2023 Direct F2
transaction VTRS Common Stock Options Exercise $0 +13.1K +18.27% $0.00 84.6K Mar 2, 2023 Direct
transaction VTRS Common Stock Tax liability -$63.7K -5.72K -6.76% $11.13 78.8K Mar 2, 2023 Direct F3
transaction VTRS Common Stock Options Exercise $0 +1.03K +1.31% $0.00 79.9K Mar 2, 2023 Direct F4
transaction VTRS Common Stock Tax liability -$5.04K -453 -0.57% $11.13 79.4K Mar 2, 2023 Direct F5
transaction VTRS Common Stock Options Exercise $0 +17.2K +21.6% $0.00 96.6K Mar 4, 2023 Direct
transaction VTRS Common Stock Tax liability -$83.6K -7.51K -7.78% $11.13 89.1K Mar 4, 2023 Direct F6
transaction VTRS Common Stock Options Exercise $0 +617 +0.69% $0.00 89.7K Mar 4, 2023 Direct F7
transaction VTRS Common Stock Tax liability -$3.02K -271 -0.3% $11.13 89.4K Mar 4, 2023 Direct F8

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction VTRS Restricted Stock Units Exercise of in-the-money or at-the-money derivative security $0 -5.03K -100% $0.00* 0 Mar 2, 2023 Common Stock 5.03K $0.00 Direct F9
transaction VTRS Restricted Stock Units Exercise of in-the-money or at-the-money derivative security $0 -18.9K -100% $0.00* 0 Mar 2, 2023 Common Stock 18.9K $0.00 Direct F10
transaction VTRS Restricted Stock Units Options Exercise $0 -13.1K -50% $0.00 13.1K Mar 2, 2023 Common Stock 13.1K $0.00 Direct F11
transaction VTRS Dividend Equivalent Units Options Exercise $0 -1.03K -49.99% $0.00 1.03K Mar 2, 2023 Common Stock 1.03K $0.00 Direct F12, F13
transaction VTRS Restricted Stock Units Award $0 +50.3K $0.00 50.3K Mar 3, 2023 Common Stock 50.3K $0.00 Direct F14
transaction VTRS Restricted Stock Units Options Exercise $0 -17.2K -33.33% $0.00 34.3K Mar 4, 2023 Common Stock 17.2K $0.00 Direct F15
transaction VTRS Dividend Equivalent Units Options Exercise $0 -616 -33.3% $0.00 1.23K Mar 4, 2023 Common Stock 616 $0.00 Direct F16, F17
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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, 2020.
F2 Represents withholding of shares of common stock for the tax liability associated with the vesting and settlement of the RSUs granted on March 2, 2020.
F3 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 2, 2021.
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.
F5 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.
F6 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.
F7 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.
F8 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.
F9 Each RSU represents the right to receive one share of common stock of Viatris Inc. (Viatris). 5,035 of the RSUs granted on March 2, 2020 vested on March 2, 2021 and 5,034 vested on each of March 2, 2022 and March 2, 2023.
F10 Each RSU represents the right to receive one share of common stock of Viatris. These RSUs vested in full on March 2, 2023.
F11 Each RSU represents the right to receive one share of common stock of Viatris. 13,063 of the RSUs granted on March 2, 2021 vested on each of March 2, 2022 and March 2, 2023 and 13,063 will vest on March 2, 2024.
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 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.
F13 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.
F14 Each RSU represents the right to receive one share of common stock of Viatris. 16,772 of the RSUs granted on March 3, 2023 will vest on March 3, 2024, 16,771 will vest on March 3, 2025 and 16,772 will vest on March 3, 2026.
F15 Each RSU represents the right to receive one share of common stock of Viatris. 17,157 of the RSUs granted on March 4, 2022 vested on March 4, 2023 and 17,157 will vest on each of March 4, 2024 and March 4, 2025.
F16 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.
F17 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.