Scott James Morris - 07 May 2021 Form 4 Insider Report for Freshpet, Inc. (FRPT)

Role: President and COO
Signature: /s/ Stephen Macchiaverna, as Attorney-in-fact for the Reporting Person
Issuer symbol: FRPT
Transactions as of: 07 May 2021
Net transactions value: -$487,484
Form type: 4
Filing time: 11 May 2021, 18:52:16 UTC
Next filing: 19 May 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FRPT	common stock	Options Exercise	$9,251	+841	+0.56%	$11.00^*	151,174	07 May 2021	Direct
transaction	FRPT	common stock	Sale	$149,782	-841	-0.56%	$178.10	150,333	07 May 2021	Direct	F1
transaction	FRPT	common stock	Sale	$17,138	-100	-0.07%	$171.38	150,233	10 May 2021	Direct	F3
transaction	FRPT	common stock	Sale	$120,456	-697	-0.46%	$172.82	149,536	10 May 2021	Direct	F3, F4
transaction	FRPT	common stock	Sale	$86,915	-500	-0.33%	$173.83	149,036	10 May 2021	Direct	F3, F5
transaction	FRPT	common stock	Sale	$122,444	-700	-0.47%	$174.92	148,336	10 May 2021	Direct	F3, F6

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	FRPT	Options to purchase common stock	Options Exercise	$0	-841	-3.1%	$0.000000	25,897	07 May 2021	Common Stock	841	$11.00	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $177.90 to $178.29. The reporting person undertakes to provide to Freshpet, Inc., any security holders of Freshpet, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range set forth in this footnote.
F2	The options were issued pursuant to the Issuer's 2014 Second Amended and Restated Omnibus Incentive Plan. The options vested on December 31, 2020.
F3	The sale reported in this row was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 12, 2021.
F4	The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $172.40 to $173.15. The reporting person undertakes to provide to Freshpet, Inc., any security holders of Freshpet, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range set forth in this footnote.
F5	The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $173.49 to $174.49. The reporting person undertakes to provide to Freshpet, Inc., any security holders of Freshpet, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range set forth in this footnote.
F6	The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $174.50 to $175.37. The reporting person undertakes to provide to Freshpet, Inc., any security holders of Freshpet, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range set forth in this footnote.