FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Lotvin Alan
2. Issuer Name and Ticker or Trading Symbol

CVS HEALTH Corp [ CVS ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
EVP, Transformation
(Last)          (First)          (Middle)

ONE CVS DRIVE
3. Date of Earliest Transaction (MM/DD/YYYY)

4/1/2020
(Street)

WOONSOCKET, RI 02895
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 4/1/2020  F  1481 (1)D$58.34 10161.3273 D  
Common Stock         456.848 I By Children's Trusts 
Common Stock (restricted)         10346 D  
Stock Unit         27945.094 D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option $58.61 (2)4/1/2020  A   140797    4/1/2021 (3)4/1/2030 Common Stock 140797 $58.61 140797 D  
Phantom Stock Credits $1.00            (4) (5)Common Stock 556.6312  556.6312 D  
Stock Option $74.29           4/1/2015 (6)4/1/2021 Common Stock 15736  15736 D  
Stock Option $102.26           4/1/2016 (7)4/1/2022 Common Stock 21386  21386 D  
Stock Option $104.82           4/1/2017 (8)4/1/2023 Common Stock 27395  27395 D  
Stock Option $78.05           4/3/2018 (9)4/3/2024 Common Stock 32911  32911 D  
Stock Option $62.21           4/1/2019 (10)4/1/2025 Common Stock 22541  22541 D  
Stock Option $54.19           4/1/2020 (11)4/1/2029 Common Stock 80802  80802 D  

Explanation of Responses:
(1) Surrender of shares in payment of withholding taxes due upon the vesting of a restricted stock award.
(2) The number of shares subject to the option were calculated using a 30-day average price.
(3) Option becomes exercisable in four equal annual installments, commencing 4/1/2021.
(4) Reflects year-end company-match share credits under a non-qualified deferred compensation plan; share credits are payable in cash only, at such time as has been elected by the reporting person.
(5) Reflects year-end company-match share credits under a non-qualified deferred compensation plan; share credits are payable in cash only, at such time as has been elected by the reporting person.
(6) Remaining options became exercisable in four equal annual installments beginning on 4/1/2015.
(7) Option became exercisable in four equal annual installments beginning on 4/1/2016.
(8) Option became exercisable in four equal annual installments beginning on 4/1/2017.
(9) Option became exercisable in four equal annual installments beginning on 4/3/2018.
(10) Option became exercisable in four equal annual installments, commencing 4/1/2019.
(11) Option became exercisable in four equal annual installments, commencing 4/1/2020.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Lotvin Alan
ONE CVS DRIVE
WOONSOCKET, RI 02895


EVP, Transformation

Signatures
/s/ Alan M. Lotvin4/3/2020
**Signature of Reporting PersonDate

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