Jason Dale - May 13, 2024 Form 4 Insider Report for Vital Farms, Inc. (VITL)

Role
COO
Signature
/s/ Jason Minio, Attorney-in-Fact
Stock symbol
VITL
Transactions as of
May 13, 2024
Transactions value $
-$6,451,347
Form type
4
Date filed
5/15/2024, 04:15 PM
Previous filing
Mar 26, 2024
Next filing
May 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VITL Common Stock Options Exercise $119K +83.4K +149.94% $1.43* 139K May 13, 2024 Direct
transaction VITL Common Stock Sale -$1.32M -37.9K -27.28% $34.82 101K May 13, 2024 Direct F1
transaction VITL Common Stock Sale -$1.61M -45.3K -44.78% $35.52 55.8K May 13, 2024 Direct F2
transaction VITL Common Stock Sale -$7.33K -200 -0.36% $36.65 55.6K May 13, 2024 Direct F3
transaction VITL Common Stock Options Exercise $166K +51.2K +92.11% $3.25* 107K May 14, 2024 Direct
transaction VITL Common Stock Options Exercise $215K +58.5K +54.7% $3.67* 165K May 14, 2024 Direct
transaction VITL Common Stock Sale -$1.12M -31K -18.73% $36.03 134K May 14, 2024 Direct F4
transaction VITL Common Stock Sale -$2.9M -78.7K -58.6% $36.84 55.6K May 14, 2024 Direct F5

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) Options Exercise $0 -83.4K -100% $0.00* 0 May 13, 2024 Common Stock 83.4K $1.43 Direct F6
transaction VITL Employee Stock Option (right to buy) Options Exercise $0 -51.2K -100% $0.00* 0 May 14, 2024 Common Stock 51.2K $3.25 Direct F6
transaction VITL Employee Stock Option (right to buy) Options Exercise $0 -58.5K -88.01% $0.00 7.97K May 14, 2024 Common Stock 58.5K $3.67 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $34.2637 to $35.26 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (1), (2), (3), (4) and (5).
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.27 to $35.97 inclusive.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.63 to $36.66 inclusive.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.60 to $36.59 inclusive.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.60 to $37.00 inclusive.
F6 Fully vested and exercisable.