Michael A. Smith - Mar 1, 2022 Form 4 Insider Report for PetIQ, Inc. (PETQ)

Role
EVP - PRODUCTS
Signature
/s/ R. Michael Herrman, as attorney-in-fact
Stock symbol
PETQ
Transactions as of
Mar 1, 2022
Transactions value $
-$11,737
Form type
4
Date filed
3/3/2022, 04:42 PM
Previous filing
Mar 1, 2022
Next filing
Mar 15, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PETQ Class A Common Stock Options Exercise +1.75K +12.51% 15.8K Mar 1, 2022 Direct F1
transaction PETQ Class A Common Stock Tax liability -$11.7K -641 -4.07% $18.31 15.1K Mar 1, 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
transaction PETQ Restricted Stock Unit Options Exercise $0 -1.75K -24.99% $0.00 5.26K Mar 1, 2022 Class A Common Stock 1.75K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Settlement of restricted stock units ("RSU") into shares of Class A common stock.
F2 Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A Common Stock.
F3 The RSUs vest in approximately equal installments on each of the first four anniversaries of March 12, 2020, subject to the reporting person's continuous service as an employee of the Issuer.