Kemper Isely - 30 Sep 2021 Form 5 Insider Report for Natural Grocers by Vitamin Cottage, Inc. (NGVC)

Role: Chairman & Co-President, Director, 13D Group Member, 10%+ Owner
Signature: /s/ Kemper Isely
Issuer symbol: NGVC
Transactions as of: 30 Sep 2021
Transactions value $: $0
Form type: 5
Filing time: 12 Nov 2021, 15:03:13 UTC
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NGVC	Common Stock	Other	$0	+10	+0%	$0.00	3.12M	25 Nov 2020	Direct	F1
transaction	NGVC	Common Stock	Other	$0	-6.72K	-100%	$0.00^*	0	25 Nov 2020	By KIVC 3, LLC	F2
transaction	NGVC	Common Stock	Other	$0	-616K	-100%	$0.00^*	0	31 Dec 2020	By ZIVC, LLC	F3
transaction	NGVC	Common Stock	Other	$0	-202K	-100%	$0.00^*	0	31 Dec 2020	By HIVC 1, LLC	F4
transaction	NGVC	Common Stock	Other	$0	-479K	-100%	$0.00^*	0	31 Dec 2020	By HIVC 2, LLC	F5
transaction	NGVC	Common Stock	Gift	$0	-500	-0.02%	$0.00	3.12M	01 Apr 2021	Direct	F6
holding	NGVC	Common Stock						105K	30 Sep 2021	By son	F7
holding	NGVC	Common Stock						572K	30 Sep 2021	By FTVC, LLC	F8

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Exempt pro rata distribution of shares previously held by KIVC 3, LLC to the reporting person upon its dissolution for estate planning purposes.
F2	Exempt pro rata distribution of shares previously held by KIVC 3, LLC to its members upon its dissolution for estate planning purposes. The reporting person was a member of KIVC 3, LLC but no longer has any pecuniary interest in these shares following this transaction, except as disclosed above.
F3	Exempt pro rata distribution of shares previously held by ZIVC, LLC to its members upon its dissolution for estate planning purposes. The reporting person was not a member of ZIVC LLC and no longer has any pecuniary interest in these shares following the dissolution.
F4	Exempt pro rata distribution of shares previously held by HIVC 1, LLC to its members upon its dissolution for estate planning purposes. The reporting person was not a member of HIVC 1, LLC and no longer has any pecuniary interest in these shares following the dissolution.
F5	Exempt pro rata distribution of shares previously held by HIVC 2, LLC to its members upon its dissolution for estate planning purposes. The reporting person was not a member of HIVC 2, LLC and no longer has any pecuniary interest in these shares following the dissolution.
F6	Gift transfer of shares to reporting person's son-in-law.
F7	Represents shares held by the reporting person's son, who shares his primary residence.
F8	The reporting person is a beneficiary through a member trust and disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.