Kathryn McKeon - Jan 27, 2022 Form 3 Insider Report for Vital Farms, Inc. (VITL)

Role: Chief Marketing Officer
Signature: /s/ Jason Minio, Attorney-in-Fact
Stock symbol: VITL
Transactions as of: Jan 27, 2022
Transactions value $: $0
Form type: 3
Date filed: 2/8/2022, 06:56 AM
Next filing: Mar 14, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	VITL	Common Stock						727	Jan 27, 2022	Direct

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
holding	VITL	Employee Stock Option (right to buy)							Jan 27, 2022	Common Stock	12.3K	$3.25	Direct	F1
holding	VITL	Employee Stock Option (right to buy)							Jan 27, 2022	Common Stock	12.3K	$3.67	Direct	F2
holding	VITL	Employee Stock Option (right to buy)							Jan 27, 2022	Common Stock	6.25K	$22.00	Direct	F3
holding	VITL	Employee Stock Option (right to buy)							Jan 27, 2022	Common Stock	7.16K	$25.78	Direct	F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Fully vested and exerciseable.
F2	One-fifth (1/5th) of the shares subject to the option vested or will vest in equal annual installments commencing on July 1, 2019, subject to the Reporting Person continuing to provide service through each such date.
F3	One-fourth (1/4th) of the shares subject to the option vested or will vest in equal annual installments commencing on July 30, 2021, subject to the Reporting Person continuing to provide service through each such date.
F4	One-third (1/3rd) of the shares subject to the option will vest in equal annual installments commencing on March 22, 2022, subject to the Reporting Person continuing to provide service through each such date.