4//SEC Filing
Malenfant Matthew 4
Accession 0001752836-22-000028
CIK 0001752836other
Filed
Mar 2, 7:00 PM ET
Accepted
Mar 3, 4:10 PM ET
Size
14.7 KB
Accession
0001752836-22-000028
Insider Transaction Report
Form 4
COVETRUS, INC.CVET
Malenfant Matthew
See Remarks
Transactions
- Award
Common Stock
2022-03-01+17,507→ 55,116 total - Exercise/Conversion
Restricted Stock Units
2022-03-01−6,472→ 13,140 total→ Common Stock (6,472 underlying) - Award
Restricted Stock Units
2022-03-01+73,612→ 73,612 total→ Common Stock (73,612 underlying) - Exercise/Conversion
Common Stock
2022-03-01+6,472→ 37,609 total - Tax Payment
Common Stock
2022-03-01$17.85/sh−6,702$119,631→ 48,414 total - Award
Restricted Stock Units
2022-03-01+42,468→ 42,468 total→ Common Stock (42,468 underlying)
Footnotes (6)
- [F1]Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock or the cash value thereof.
- [F2]These shares represent common stock acquired on March 1, 2022 upon settlement of a Performance Share Unit award granted on March 1, 2021 for the performance period ended December 31, 2021.
- [F3]Each Performance Share Unit ("PSU") represents a contingent right to receive one share of common stock upon vesting based on the attainment of performance goals.
- [F4]Represents 1,779 shares and 4,923 shares withheld by the Issuer to satisfy tax withholding obligation upon the vesting of the RSUs and PSUs, respectively.
- [F5]Subject to the Reporting Person's continuous service as an employee of the Issuer, the RSUs will vest 33% at the one-year anniversary of the grant date, then in equal ratable quarterly increments for the subsequent eight quarters.
- [F6]Subject to the Reporting Person's continuous service as an employee of the Issuer, the RSUs will vest 25% every six months in equal ratable increments.
Documents
Issuer
COVETRUS, INC.
CIK 0001752836
Entity typeother
Related Parties
1- filerCIK 0001812287
Filing Metadata
- Form type
- 4
- Filed
- Mar 2, 7:00 PM ET
- Accepted
- Mar 3, 4:10 PM ET
- Size
- 14.7 KB