Michael A. Smith - 07 May 2023 Form 4 Insider Report for PetIQ, Inc. (PETQ)

Role
PRESIDENT & COO
Signature
/s/ R. Michael Herrman, as attorney-in-fact
Issuer symbol
PETQ
Transactions as of
07 May 2023
Transactions value $
-$33,595
Form type
4
Filing time
09 May 2023, 16:40:21 UTC
Previous filing
14 Mar 2023
Next filing
30 May 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PETQ Class A Common Stock Options Exercise +6.25K +14.46% 49.5K 07 May 2023 Direct F1
transaction PETQ Class A Common Stock Tax liability -$33.6K -2.84K -5.73% $11.85 46.6K 07 May 2023 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PETQ Restricted Stock Unit Options Exercise $0 -6.25K -33.33% $0.00 12.5K 07 May 2023 Class A Common Stock 6.25K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Settlement of restricted stock units ("RSU") into shares of Class A common stock.
F2 Shares withheld to satisfy tax withholding requirements upon vesting of RSUs.
F3 Each RSU represents a contingent right to receive one share of Class A Common Stock.
F4 The RSU's vest in approximately equal installments on each of the first four anniversaries of May 7, 2021, subject to the reporting person's continuous service as an employee of the Issuer.