FINER DUSTIN 4
4 · COVETRUS, INC. · Filed Mar 3, 2022
Insider Transaction Report
Form 4
COVETRUS, INC.CVET
FINER DUSTIN
Chief People Officer
Transactions
- Exercise/Conversion
Common Stock
2022-03-01+5,393→ 66,064 total - Award
Common Stock
2022-03-01+35,353→ 101,417 total - Tax Payment
Common Stock
2022-03-01$17.85/sh−12,814$228,730→ 88,603 total - Exercise/Conversion
Restricted Stock Units
2022-03-01−5,393→ 10,950 total→ Common Stock (5,393 underlying)
Footnotes (5)
- [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 2,368 shares and 10,446 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.