Home/Filings/4/0001752836-20-000156
4//SEC Filing

Brennan Erin Powers 4

Accession 0001752836-20-000156

CIK 0001752836other

Filed

Jul 5, 8:00 PM ET

Accepted

Jul 6, 6:43 PM ET

Size

6.3 KB

Accession

0001752836-20-000156

Insider Transaction Report

Form 4
Period: 2020-07-01
Transactions
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2020-07-011,38796,805 total
    Exercise: $14.38Exp: 2028-04-12Common Stock (1,387 underlying)
Footnotes (3)
  • [F1]On February 7, 2019 (the "Closing Date"), in connection with the Agreement and Plan of Merger (the "Merger Agreement") by and among Henry Schein, Inc., HS Spinco, Inc., HS Merger Sub, Inc., Direct Vet Marketing, Inc., and Shareholder Representative Services, LLC, an aggregate total of 1,956,817 shares of common stock of Covetrus, Inc. and 154,354 options to acquire common stock of Covetrus were placed in escrow to satisfy certain potential purchase price adjustments under the Merger Agreement. In conjunction with the final settlement and release of the escrow, an aggregate total of 756,387 of such shares and options were cancelled, pro rata, including 1,387 options to acquire common stock held by the Reporting Person.
  • [F2]The stock options were granted on April 12, 2018. The stock options vest and become exercisable as to 25% of the total shares on April 12, 2019 and thereafter, vest and become exercisable in 36 successive, equal monthly installments.
  • [F3]Not applicable.

Issuer

COVETRUS, INC.

CIK 0001752836

Entity typeother

Related Parties

1
  • filerCIK 0001764644

Filing Metadata

Form type
4
Filed
Jul 5, 8:00 PM ET
Accepted
Jul 6, 6:43 PM ET
Size
6.3 KB