Wraight Georgina 4

4 · COVETRUS, INC. · Filed Mar 3, 2022

Form 4

Period: 2022-03-01

See Remarks

Transactions

Award
Common Stock
2022-03-01+35,353→ 97,553 total
Tax Payment
Common Stock
2022-03-01$17.85/sh−14,215$253,738→ 83,338 total
Exercise/Conversion
Restricted Stock Units
2022-03-01−6,472→ 13,140 total
→ Common Stock (6,472 underlying)
Exercise/Conversion
Common Stock
2022-03-01+6,472→ 62,200 total
Award
Restricted Stock Units
2022-03-01+42,468→ 42,468 total
→ Common Stock (42,468 underlying)
Award
Restricted Stock Units
2022-03-01+73,612→ 73,612 total
→ Common Stock (73,612 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 2,871 shares and 11,344 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

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