Benjamin Wolin - 21 Jul 2022 Form 4 Insider Report for COVETRUS, INC. (CVET)

Signature
/s/ Margaret B. Pritchard, as attorney-in-fact for Benjamin Wolin
Issuer symbol
CVET
Transactions as of
21 Jul 2022
Transactions value $
-$196,327
Form type
4
Filing time
25 Jul 2022, 16:05:41 UTC
Previous filing
14 Jul 2022
Next filing
11 Aug 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVET Common Stock Options Exercise $0 +21.6K +11.2% $0.00 215K 21 Jul 2022 Direct
transaction CVET Common Stock Tax liability -$196K -9.49K -4.42% $20.69 205K 21 Jul 2022 Direct

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 CVET Restricted Stock Units Options Exercise $0 -21.6K -16.67% $0.00 108K 21 Jul 2022 Common Stock 21.6K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 Subject to the Reporting Person's continuous service as an employee of the Issuer, the RSUs will vest in equal ratable quarterly increments over the four-year period from October 21, 2019.