Deeply distressed, share being over? (3,2)
I believe the answer is:
cut up
'deeply distressed' is the definition.
(someone cut up by something is distressed by it)
'share being over?' is the wordplay.
'share' becomes 'cut' (cut is a kind of share).
'being over?' becomes 'up' (e.g. if your time is up it is over).
'cut'+'up'='CUT-UP'
(Other definitions for cut up that I've seen before include "so treated by another driver?" , "Happy? No" , "Sliced; distressed" , "collage" , "Badly hurt" .)