Rajiv Malik - Mar 3, 2025 Form 4 Insider Report for Viatris Inc (VTRS)

Role
Director
Signature
/s/ Kevin Macikowski, by power of attorney
Stock symbol
VTRS
Transactions as of
Mar 3, 2025
Transactions value $
-$3,930,141
Form type
4
Date filed
3/5/2025, 07:00 PM
Previous filing
Sep 13, 2024
Next filing
Mar 10, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VTRS Common Stock Options Exercise $0 +81.8K +16.16% $0.00 588K Mar 3, 2025 Direct
transaction VTRS Common Stock Tax liability -$341K -36.5K -6.22% $9.33 551K Mar 3, 2025 Direct F1
transaction VTRS Common Stock Options Exercise $0 +7.67K +1.39% $0.00 559K Mar 3, 2025 Direct F2
transaction VTRS Common Stock Tax liability -$31.1K -3.34K -0.6% $9.33 555K Mar 3, 2025 Direct F3
transaction VTRS Common Stock Options Exercise $0 +82.4K +14.83% $0.00 638K Mar 4, 2025 Direct
transaction VTRS Common Stock Tax liability -$336K -35.8K -5.62% $9.37 602K Mar 4, 2025 Direct F4
transaction VTRS Common Stock Options Exercise $0 +11K +1.82% $0.00 613K Mar 4, 2025 Direct F5
transaction VTRS Common Stock Tax liability -$44.7K -4.77K -0.78% $9.37 608K Mar 4, 2025 Direct F6
transaction VTRS Common Stock Options Exercise $0 +18.8K +3.1% $0.00 627K Mar 4, 2025 Direct
transaction VTRS Common Stock Options Exercise $0 +602 +0.1% $0.00 628K Mar 4, 2025 Direct F7
transaction VTRS Common Stock Options Exercise $0 +780K +124.26% $0.00 1.41M Mar 4, 2025 Direct
transaction VTRS Common Stock Tax liability -$3.18M -339K -24.1% $9.37 1.07M Mar 4, 2025 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 Options Exercise $0 -81.8K -50% $0.00 81.8K Mar 3, 2025 Common Stock 81.8K $0.00 Direct F9, F10
transaction VTRS Dividend Equivalent Units Options Exercise $0 -7.67K -50% $0.00 7.67K Mar 3, 2025 Common Stock 7.67K $0.00 Direct F11, F12
transaction VTRS Restricted Stock Units Options Exercise $0 -82.4K -100% $0.00 0 Mar 4, 2025 Common Stock 82.4K $0.00 Direct F9, F13
transaction VTRS Dividend Equivalent Units Options Exercise $0 -11K -100% $0.00 0 Mar 4, 2025 Common Stock 11K $0.00 Direct F11, F14
transaction VTRS Restricted Stock Units Options Exercise $0 -18.8K -100% $0.00 0 Mar 4, 2025 Common Stock 18.8K $0.00 Direct F15, F16
transaction VTRS Dividend Equivalent Units Options Exercise $0 -602 -100% $0.00 0 Mar 4, 2025 Common Stock 602 $0.00 Direct F11, F17
transaction VTRS Performance Restricted Stock Units Award $0 +780K $0.00 780K Mar 4, 2025 Common Stock 780K $0.00 Direct F9, F18, F19
transaction VTRS Performance Restricted Stock Units Options Exercise $0 -780K -100% $0.00 0 Mar 4, 2025 Common Stock 780K $0.00 Direct F19
* 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 3, 2023.
F2 Fractional shares have been rounded up in connection with the settlement described in footnote 12 pursuant to the terms of the RSU award agreement under the Viatris Inc. 2020 Stock Incentive Plan.
F3 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 3, 2023.
F4 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.
F5 Fractional shares have been rounded up in connection with the settlement described in footnote 14 pursuant to the terms of the RSU award agreement under the Viatris Inc. 2020 Stock Incentive Plan.
F6 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.
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 the performance restricted stock units (PRSUs) granted on March 4, 2022.
F9 As previously disclosed on October 20, 2023, the reporting person informed Viatris Inc. (Viatris) of his intention to retire from his executive role with Viatris effective as of April 1, 2024 and agreed to remain a member of Viatris' Board of Directors. Represents award granted for executive service.
F10 Each RSU represents the right to receive one share of common stock of Viatris. 81,762 of the RSUs granted on March 3, 2023 vested on March 3, 2024, 81,761 vested on March 3, 2025 and 81,761 will vest on March 3, 2026.
F11 Amount represents DEUs that accrued with respect to such RSUs in transactions exempt from Section 16 under Rule 16a-11.
F12 Represents DEUs that accrued with respect to the RSUs previously granted on March 3, 2023 and vest on the same schedule as the underlying RSUs.
F13 Each RSU represents the right to receive one share of common stock of Viatris. 82,353 of the RSUs granted on March 4, 2022 vested on each of March 4, 2023, March 4, 2024 and March 4, 2025.
F14 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.
F15 As previously disclosed on October 20, 2023, the reporting person informed Viatris of his intention to retire from his executive role with Viatris effective as of April 1, 2024 and agreed to remain a member of Viatris' Board of Directors. As a non-employee director, the reporting person is eligible to participate in Viatris' non-employee director compensation program. Represents RSUs granted for such service, consistent with the grants provided to Viatris' other non-employee directors.
F16 Each RSU represents the right to receive one share of common stock of Viatris. These RSUs vested in full on March 4, 2025.
F17 Represents DEUs that accrued with respect to the RSUs previously granted on April 2, 2024 and vested on the same schedule as the underlying RSUs.
F18 Amount includes DEUs that accrued with respect to the PRSUs previously granted on March 4, 2022 and vest on the same schedule as the underlying PRSUs. Fractional shares with respect to such DEUs were rounded up pursuant to the terms of the PRSU award agreement under the Viatris Inc. 2020 Stock Incentive Plan.
F19 Each PRSU represents the right to receive one share of common stock of Viatris. The PRSUs were initially granted on March 4, 2022, subject to the attainment of previously established three-year performance goals and a vesting period. The PRSUs vested on March 4, 2025.