Russell Diez-Canseco - 19 Nov 2024 Form 4 Insider Report for Vital Farms, Inc. (VITL)

Signature
/s/ Jason Minio, Attorney-in-Fact
Issuer symbol
VITL
Transactions as of
19 Nov 2024
Net transactions value
-$123,357
Form type
4
Filing time
21 Nov 2024, 16:15:07 UTC
Previous filing
19 Nov 2024
Next filing
16 Dec 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VITL Common Stock Options Exercise $26,643 +5,000 +0.83% $5.33 611,025 19 Nov 2024 Direct
transaction VITL Common Stock Sale $150,000 -5,000 -0.82% $30.00 606,025 19 Nov 2024 Direct F1

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 -5,000 -1.5% $0.000000 333,764 19 Nov 2024 Common Stock 5,000 $5.33 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 8, 2023.
F2 Fully vested and exercisable.