Home > Insider Trading > Filing (0001752836-19-000017)

Filing Details

Accession Number:: 0001752836-19-000017
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2019-05-21 17:40:14
Reporting Period:: 2019-05-17

Accepted Time:: 2019-05-21 17:40:14
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1752836	Covetrus Inc.	CVET	Retail-Drug Stores And Proprietary Stores (5912)	831448706

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1766035	Timothy Ludlow	7 Custom House Street Portland ME 04101	See Remarks	No	Yes	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2019-05-17	11,498	$5.67	134,239	No	4	M	Direct
Common Stock	Disposition	2019-05-17	11,498	$27.87	122,741	No	4	S	Direct
Common Stock	Disposition	2019-05-17	70,000	$28.03	52,741	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	S	Direct
No	4	S	Direct

Reported Derivative Transactions

Show Other Fields >>

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Employee Stock Option (right to buy)	Disposition	2019-05-17	11,498	$0.00	11,498	$5.67

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
2,010		2027-06-09	No	4	M	Direct

Reported Derivative Holdings

Show Other Fields >>

Sec. Name	Sec. Type	Price	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock	Employee Stock Option (right to buy)	$0.37	2025-04-15	73,644	73,644	Direct
Common Stock	Employee Stock Option (right to buy)	$5.67	2027-06-09	58,443	58,443	Direct
Common Stock	Employee Stock Option (right to buy)	$37.47	2029-02-27	23,624	23,624	Direct
Common Stock	Restricted Stock Units	$0.00		8,006	8,006	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2025-04-15	73,644	73,644	Direct
2027-06-09	58,443	58,443	Direct
2029-02-27	23,624	23,624	Direct
	8,006	8,006	Direct

Footnotes

Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $27.44 - $28.00. The reporting person hereby undertakes, upon request by the Commission staff, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $27.44 - $28.39. The reporting person hereby undertakes, upon request by the Commission staff, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
The stock options were granted on June 9, 2017. As of May 21, 2019, the stock options are vested and exercisable as to 12,031 shares and thereafter shall vest and become exercisable as to 1,163 shares on December 9, 2019, and as to 314 shares on December 9, 2020. This disclosure supersedes the disclosure on the Form 3 filed on February 19, 2019 by the Reporting Person.
No transaction is being reported on this line. Reported on a previously filed Form 3 or Form 4.
The stock options were granted on April 15, 2015. The stock options vested and became exercisable as to 25% of the total shares on April 15, 2016 and thereafter, vest and become exercisable in 36 successive, equal monthly installments.
The stock options were granted on June 9, 2017. The stock options vested and became exercisable as to 25% of the total shares on June 9, 2018 and thereafter, vest and become exercisable in 36 successive, equal monthly installments.
The stock options were granted on February 27, 2019. The stock options vest and become exercisable in three equal annual installments beginning on February 27, 2020.
Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock or the cash value thereof.
Subject to the Reporting Person's continuous service as an employee of the Issuer, the RSUs will vest in three equal annual installments beginning on February 27, 2020.