McCord Christensen - Feb 25, 2024 Form 4 Insider Report for PetIQ, Inc. (PETQ)

Role
CHIEF EXECUTIVE OFFICER, Director
Signature
/s/ William Carter, as attorney-in-fact
Stock symbol
PETQ
Transactions as of
Feb 25, 2024
Transactions value $
-$154,448
Form type
4
Date filed
2/27/2024, 04:39 PM
Previous filing
Mar 14, 2023
Next filing
Mar 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PETQ Class A Common Stock Options Exercise +22.6K +24.29% 116K Feb 25, 2024 Direct F1
transaction PETQ Class A Common Stock Tax liability -$154K -8.45K -7.3% $18.28 107K Feb 25, 2024 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 PETQ Restricted Stock Unit Options Exercise $0 -22.6K -33.33% $0.00 45.2K Feb 25, 2024 Class A Common Stock 22.6K Direct F3, F4
* 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 Shares withheld to satisfy minimum tax withholding requirements upon vesting of RSUs.
F3 Each RSU represents a contingent right to receive one share of Class A Common Stock.
F4 The RSUs vest in approximately equal installments on each of the first four anniversaries of February 25, 2022, subject to the reporting person's continuous service as an employee of the Issuer.