Filing Details
- Accession Number:
- 0001752836-20-000023
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-02-11 16:07:21
- Reporting Period:
- 2020-02-07
- Accepted Time:
- 2020-02-11 16:07:21
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1752836 | Covetrus Inc. | CVET | () | 4 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1194353 | Steven Paladino | 7 Custom House Street Portland ME 04101 | Yes | No | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Disposition | 2020-02-07 | 2,745 | $13.00 | 0 | No | 4 | S | Indirect | By 401(k) plan |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Indirect | By 401(k) plan |
Footnotes
- The Reporting Person is an executive officer of Henry Schein, Inc. As a result of Henry Schein, Inc.'s spinoff transaction resulting in Covetrus, Inc. being an independent public company, participants in the Henry Schein 401(k) Savings Plan (the "Henry Schein Plan") who held units in the Henry Schein stock fund as of February 7, 2019 (closing date of the spinoff transaction) were credited with 0.4 of a unit in the Covetrus stock fund for every one unit held of the Henry Schein stock fund. On February 7, 2020, the Covetrus stock fund was removed as an investment option offered through the Henry Schein Plan. Any amounts invested in the Covetrus stock fund as of February 7, 2020 were automatically sold with no investment decision exercised by the holder. This Form 4 reports that automatic sale.
- The number of shares sold reflects the Reporting Person's interest in equivalent shares of Covetrus common stock held by the unitized stock fund in the Henry Schein Plan. The unitized stock fund consists of Covetrus common stock and cash or cash equivalents. The number of shares attributed to the Reporting Person as a participant in the Henry Schein Plan and expressed as equivalent shares has been calculated based on the closing price of Covetrus common stock on the date of the reported transaction.