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

Role: Chief Accounting Officer
Signature: /s/ Jason Minio, Attorney-in-Fact
Stock symbol: VITL
Transactions as of: Mar 10, 2023
Transactions value $: -$13,143
Form type: 4
Date filed: 3/14/2023, 06:51 PM
Previous filing: May 16, 2022
Next filing: Mar 24, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	VITL	Common Stock	Tax liability	-$13.1K	-849	-8.89%	$15.48	8.7K	Mar 10, 2023	Direct	F1
transaction	VITL	Common Stock	Award	$0	+3.59K	+41.3%	$0.00	12.3K	Mar 13, 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	+10.1K		$0.00	10.1K	Mar 13, 2023	Common Stock	10.1K	$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.