Jason Dale - 18 Jan 2022 Form 4 Insider Report for Vital Farms, Inc. (VITL)

Role
COO
Signature
/s/ Jason Minio, Attorney-in-Fact
Issuer symbol
VITL
Transactions as of
18 Jan 2022
Net transactions value
-$535,822
Form type
4
Filing time
20 Jan 2022, 17:01:42 UTC
Previous filing
22 Dec 2021
Next filing
14 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VITL Common Stock Options Exercise $73,258 +22,568 +49% $3.25 68,563 18 Jan 2022 Direct
transaction VITL Common Stock Options Exercise $55,122 +15,000 +22% $3.67 83,563 18 Jan 2022 Direct
transaction VITL Common Stock Sale $664,202 -37,568 -45% $17.68 45,995 18 Jan 2022 Direct F1

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 -22,568 -31% $0.000000 51,232 18 Jan 2022 Common Stock 22,568 $3.25 Direct F2
transaction VITL Employee Stock Option (right to buy) Options Exercise $0 -15,000 -14% $0.000000 95,700 18 Jan 2022 Common Stock 15,000 $3.67 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares were sold pursuant to a Rule 10b5-1 trading plan.
F2 Fully vested and exercisable.
F3 One-fifth (1/5th) of the shares subject to the option vested or will vest in equal annual installments commencing on January 1, 2019, subject to the Reporting Person continuing to provide service through each such date.