MATTHEW OHAYER - 05 Nov 2024 Form 4 Insider Report for Vital Farms, Inc. (VITL)

Role
EXECUTIVE CHAIRPERSON, Director, 10%+ Owner
Signature
/s/ Jason Minio, Attorney-in-Fact
Issuer symbol
VITL
Transactions as of
05 Nov 2024
Net transactions value
-$199,752
Form type
4
Filing time
07 Nov 2024, 16:15:05 UTC
Previous filing
23 Oct 2024
Next filing
21 Nov 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VITL Common Stock Exercise of in-the-money or at-the-money derivative security $199,752 -61,500 -0.85% $3.25 7,133,277 05 Nov 2024 Direct F1
holding VITL Common Stock 1,742,000 05 Nov 2024 By former spouse 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 Call Option (obligation to sell) Exercise of in-the-money or at-the-money derivative security $0 -61,500 -100% $0.000000 0 05 Nov 2024 Common Stock 61,500 $3.25 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an exercise of a call option (obligation to sell), pursuant to a stock option agreement dated January 1, 2016, by and between the Reporting Person and Russell Diez-Canseco.
F2 Pursuant to an agreement between the Reporting Person and his former spouse, the Reporting Person has sole voting control over the shares. The Reporting Person has no pecuniary interest in the shares.
F3 Fully vested and exercisable.