Jeffrey J. Brown - Aug 9, 2022 Form 4 Insider Report for MEDIFAST INC (MED)

Role
Director
Signature
/s/ Jason L. Groves, attorney-in-fact
Stock symbol
MED
Transactions as of
Aug 9, 2022
Transactions value $
$498,549
Form type
4
Date filed
8/11/2022, 05:00 PM
Previous filing
Aug 10, 2022
Next filing
Oct 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MED Common Stock Purchase $51.5K +410 $125.72 410 Aug 9, 2022 Jeffrey Brown Living Trust F2, F4
transaction MED Common Stock Purchase $447K +3.53K +860.98% $126.63 3.94K Aug 9, 2022 Jeffrey Brown Living Trust F3, F4
holding MED Common Stock 2.35K Aug 9, 2022 Direct
holding MED Common Stock 35.9K Aug 9, 2022 Brown Equity Partners, LLC F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares are directly owned by Brown Equity Partners, LLC, for which the reporting person is the managing member.
F2 The price reported in Column 4 is a weighted average price. These shares were acquired in multiple transactions at prices ranging from $125.57 to $125.90, 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 acquired at each separate price within the ranges set forth in footnotes 2 and 3 herein.
F3 The price reported in Column 4 is a weighted average price. These shares were acquired in multiple transactions at prices ranging from $126.11 to $126.96, inclusive.
F4 These shares are directly owned by Jeffrey Brown Living Trust, for which the reporting person is the sole trustee and sole beneficiary.