Brent Drever - 19 Aug 2021 Form 4 Insider Report for Vital Farms, Inc. (VITL)

Role
Director
Signature
/s/ Jason Minio, Attorney-in-Fact
Issuer symbol
VITL
Transactions as of
19 Aug 2021
Net transactions value
-$7,708,157
Form type
4
Filing time
23 Aug 2021, 18:07:03 UTC
Previous filing
11 Jun 2021
Next filing
23 Nov 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VITL Common Stock Sale $7,708,157 -453,421 -100% $17.00 0 19 Aug 2021 See footnote F1, F2
holding VITL Common Stock 100,646 19 Aug 2021 See footnote F1, F3
holding VITL Common Stock 10,971 19 Aug 2021 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares reported herein give effect to the pro rata distribution of shares by MTP C001 Holdings, LLC ("MTP LLC") for no additional consideration to its limited partners and its general partners. As the distribution of such shares constituted only a change in the form of the Reporting Person's ownership in such shares, the Reporting Person was not required to report the distribution pursuant to Section 16.
F2 The shares are held by Manna Tree Partners Fund I, L.P. ("Fund I"). The Reporting Person is on the investment committee of the ultimate general partner of Fund I, as a result, may be deemed to share voting and investment power with respect to the shares held by Fund I. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein, and the inclusion of the shares in this report shall not be deemed to be an admission of beneficial ownership of the reported shares for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise.
F3 The shares are held by Manna Tree Partners Fund I GP, L.P. ("Fund I GP"). The Reporting Person is on the investment committee of the ultimate general partner of Fund I GP, as a result, may be deemed to share voting and investment power with respect to the shares held by Fund I GP. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein, and the inclusion of the shares in this report shall not be deemed to be an admission of beneficial ownership of the reported shares for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise.