Russell Diez-Canseco - 12 Mar 2025 Form 4 Insider Report for Vital Farms, Inc. (VITL)

Signature
/s/ Francis Cullo, Attorney-in-Fact
Issuer symbol
VITL
Transactions as of
12 Mar 2025
Net transactions value
-$1,293,247
Form type
4
Filing time
14 Mar 2025, 16:15:03 UTC
Previous filing
12 Mar 2025
Next filing
16 Apr 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VITL Common Stock Options Exercise $279,752 +52,500 +7.6% $5.33 746,530 12 Mar 2025 Direct
transaction VITL Common Stock Sale $1,153,836 -36,653 -4.9% $31.48 709,877 12 Mar 2025 Direct F1, F2
transaction VITL Common Stock Sale $278,485 -8,719 -1.2% $31.94 701,158 12 Mar 2025 Direct F1, F3
transaction VITL Common Stock Tax liability $140,677 -4,798 -0.68% $29.32 696,360 13 Mar 2025 Direct F4

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 VITL Employee Stock Option (right to buy) Options Exercise $0 +52,500 +133% $0.000000 91,948 12 Mar 2025 Common Stock 52,500 $5.33 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 These sales were made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 8, 2023.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.90 to $31.89 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2) and (3).
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $31.91 to $31.96 inclusive.
F4 Shares withheld by the Issuer to satisfy withholding tax obligation.
F5 Fully vested.