Michael A. Smith - 28 May 2021 Form 4 Insider Report for PetIQ, Inc. (PETQ)

Role
EVP - Products
Signature
/s/ R. Michael Herrman, as attorney-in-fact
Issuer symbol
PETQ
Transactions as of
28 May 2021
Transactions value $
-$49,854
Form type
4
Filing time
03 Jun 2021, 18:44:44 UTC
Previous filing
20 May 2021
Next filing
14 Jun 2021
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 Tax liability -$49.9K -1.21K -31.29% $41.10 2.66K 28 May 2021 Direct F1
transaction PETQ Class A Common Stock Options Exercise $159K +3.88K $41.10 3.88K 28 May 2021 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 -$159K -3.88K -33.33% $41.10 7.75K 28 May 2021 Class A Common Stock 3.88K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld to satisfy minimum tax withholding requirements upon vesting of RSUs.
F2 Settlement of restricted stock units ("RSU") into shares of Class A common stock.
F3 Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A Common Stock.
F4 The RSUs vest in approximately equal installments on each of the first four anniversaries of May 28, 2020, subject to the reporting person's continuous service as an employee of the Issuer.

Remarks:

This Form 4 is being filed late due to inadvertent administrative error.