Stephen Macchiaverna - 15 Sep 2021 Form 4 Insider Report for Freshpet, Inc. (FRPT)

Role: EVP, Secretary & Treasurer
Signature: /s/ Stephen Macchiaverna
Issuer symbol: FRPT
Transactions as of: 15 Sep 2021
Net transactions value: -$309,750
Form type: 4
Filing time: 15 Sep 2021, 17:02:53 UTC
Previous filing: 11 Jun 2021
Next filing: 16 Mar 2022
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	$27,500	+2,500	+3.1%	$11.00^*	83,997	15 Sep 2021	Direct
transaction	FRPT	common stock	Sale	$337,250	-2,500	-3%	$134.90	81,497	15 Sep 2021	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	FRPT	Options to purchase common stock	Options Exercise	$0	-2,500	-14%	$0.000000	15,890	15 Sep 2021	Common Stock	2,500	$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 $134.50 to $135.50. 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 Omnibus Incentive Plan. The options vested in three equal annual installments beginning April 3, 2018.

Content

The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $134.50 to $135.50. 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.

The options were issued pursuant to the Issuer's 2014 Omnibus Incentive Plan. The options vested in three equal annual installments beginning April 3, 2018.