SEC Form 4 · accession 0000899243-19-005441
COVETRUS, INC. · CVET
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Timothy Ludlow
Officer — See Remarks
Period of report
Feb 27, 2019
Accepted (ET)
Mar 1, 2019 · 4:20 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001752836
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Feb 27, 2019 | A | 8,006 | A | — | — | Common Stock | 8,006 | 8,006 | D |
| Employee Stock Option (Right to Buy)F3 | $37.47 | Feb 27, 2029 | A | 23,624 | A | — | Feb 27, 2029 | Common Stock | 23,624 | 23,624 | D |
Explanation of responses
- F1Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock or the cash value thereof.
- F2Subject 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.
- F3The 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.
Remarks
Senior Vice President and Chief Transformation Officer