0001752836-19-000017.txt : 20190521 0001752836-19-000017.hdr.sgml : 20190521 20190521174014 ACCESSION NUMBER: 0001752836-19-000017 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20190517 FILED AS OF DATE: 20190521 DATE AS OF CHANGE: 20190521 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Ludlow Timothy CENTRAL INDEX KEY: 0001766035 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38794 FILM NUMBER: 19843440 MAIL ADDRESS: STREET 1: C/O COVETRUS, INC. STREET 2: 7 CUSTOM HOUSE STREET CITY: PORTLAND STATE: ME ZIP: 04101 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: COVETRUS, INC. CENTRAL INDEX KEY: 0001752836 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-DRUG STORES AND PROPRIETARY STORES [5912] IRS NUMBER: 831448706 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 7 CUSTOM HOUSE STREET CITY: PORTLAND STATE: ME ZIP: 04101 BUSINESS PHONE: 888-280-2221 MAIL ADDRESS: STREET 1: 7 CUSTOM HOUSE STREET CITY: PORTLAND STATE: ME ZIP: 04101 FORMER COMPANY: FORMER CONFORMED NAME: HS Spinco, Inc. DATE OF NAME CHANGE: 20180912 4 1 wf-form4_155847479792509.xml FORM 4 X0306 4 2019-05-17 0 0001752836 COVETRUS, INC. CVET 0001766035 Ludlow Timothy 7 CUSTOM HOUSE STREET PORTLAND ME 04101 0 1 0 0 See Remarks Common Stock 2019-05-17 4 M 0 11498 5.67 A 134239 D Common Stock 2019-05-17 4 S 0 11498 27.8739 D 122741 D Common Stock 2019-05-17 4 S 0 70000 28.0344 D 52741 D Employee Stock Option (right to buy) 5.67 2019-05-17 4 M 0 11498 0 D 2027-06-09 Common Stock 11498.0 2010 D Employee Stock Option (right to buy) 0.37 2025-04-15 Common Stock 73644.0 73644 D Employee Stock Option (right to buy) 5.67 2027-06-09 Common Stock 58443.0 58443 D Employee Stock Option (right to buy) 37.47 2029-02-27 Common Stock 23624.0 23624 D Restricted Stock Units Common Stock 8006.0 8006 D 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. Senior Vice President and Chief Transformation Officer /s/ Erin Powers Brennan, as attorney-in-fact for Timothy Ludlow 2019-05-21