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Viatris Inc — Director's Dealing 2020
Nov 25, 2020
30502_dirs_2020-11-25_15d5a006-b9b4-4a3a-935b-b1d31ba3e363.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Viatris Inc (VTRS)
CIK: 0001792044
Period of Report: 2020-11-23
Reporting Person: COURY ROBERT J (Director, Executive Chairman)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-11-23 | Performance Restricted Stock Units | $0.00 | A | 1600000 | Acquired | Common Stock (1600000) | Direct |
Footnotes
F1: Each Each performance restricted stock unit ("PRSU") represents the right to receive one share of common stock of Viatris Inc. The PRSUs were granted on November 23, 2020 and are divided into five separate vesting tranches requiring share price appreciation and shareholder returns (including dividends and other distributions) of 25%, 50%, 75%, 100% and 150% from the date of grant through December 30, 2025. In the case of the first three tranches, the PRSUs are subject to a retention requirement through the first anniversary of achieving the shareholder return goal, and in the case of the final two tranches, the PRSUs are subject to a retention requirement through the term of the award. The PRSUs would vest in full upon termination of employment without cause, resignation for good reason, disability or death.