Matthew Ohayer - 07 Sep 2022 Form 4 Insider Report for Vital Farms, Inc. (VITL)

Role
Executive Chairman, Director, 10%+ Owner
Signature
/s/ Jason Minio, Attorney-in-Fact
Issuer symbol
VITL
Transactions as of
07 Sep 2022
Net transactions value
-$45,999
Form type
4
Filing time
09 Sep 2022, 16:31:34 UTC
Previous filing
18 May 2022
Next filing
08 Sep 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VITL Common Stock Exercise of in-the-money or at-the-money derivative security $77,994 -123,000 -1.5% $0.6341* 7,852,494 07 Sep 2022 Direct F1
transaction VITL Common Stock Exercise of in-the-money or at-the-money derivative security $77,994 -123,000 -1.6% $0.6341* 7,729,494 07 Sep 2022 Direct F1
transaction VITL Common Stock Options Exercise $109,990 +29,283 +0.38% $3.76 7,758,777 08 Sep 2022 Direct
holding VITL Common Stock 2,583,410 07 Sep 2022 By spouse F2

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 Call Option (obligation to sell) Exercise of in-the-money or at-the-money derivative security $0 -123,000 -100% $0.000000* 0 07 Sep 2022 Common Stock 123,000 $0.6341 Direct F1, F3
transaction VITL Call Option (obligation to sell) Exercise of in-the-money or at-the-money derivative security $0 -123,000 -100% $0.000000* 0 07 Sep 2022 Common Stock 123,000 $0.6341 Direct F1, F3
transaction VITL Employee Stock Option (right to buy) Options Exercise $0 -29,283 -100% $0.000000* 0 08 Sep 2022 Common Stock 29,283 $3.76 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an exercise of a call option (obligation to sell), pursuant to a stock option agreement dated September 1, 2013, by and between the Reporting Person and certain securityholders.
F2 Pursuant to an agreement between the Reporting Person and his spouse, the Reporting Person has sole voting control over the shares. The Reporting Person has no pecuniary interest in the shares.
F3 Fully vested and exercisable.