Jeffery S. Dawson - 10 Mar 2023 Form 4 Insider Report for Vital Farms, Inc. (VITL)

Role: Chief Accounting Officer
Signature: /s/ Jason Minio, Attorney-in-Fact
Issuer symbol: VITL
Transactions as of: 10 Mar 2023
Net transactions value: -$13,143
Form type: 4
Filing time: 14 Mar 2023, 18:51:11 UTC
Previous filing: 16 May 2022
Next filing: 24 Mar 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	Tax liability	$13,143	-849	-8.9%	$15.48	8,698	10 Mar 2023	Direct	F1
transaction	VITL	Common Stock	Award	$0	+3,592	+41%	$0.000000	12,290	13 Mar 2023	Direct	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	Employee Stock Option (right to buy)	Award	$0	+10,108		$0.000000	10,108	13 Mar 2023	Common Stock	10,108	$15.31	Direct	F3

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

Explanation of Responses:

Id	Content
F1	Shares withheld by the Issuer to satisfy withholding tax obligation.
F2	Represents a restricted stock unit ("RSU") award. The RSUs vest in three equal annual installments commencing on March 13, 2024, subject to the Reporting Person's continuous service with the Issuer as of the applicable vesting date.
F3	The option will vest in three equal annual installments commencing on March 13, 2024, subject to the Reporting Person's continuous service with the Issuer as of the applicable vesting date.