McCord Christensen - 12 May 2021 Form 4 Insider Report for PetIQ, Inc.

Role: Chief Executive Officer, Director
Signature: /s/ R. Michael Herrman, as attorney-in-fact
Issuer symbol: N/A
Transactions as of: 12 May 2021
Net transactions value: $0
Form type: 4
Filing time: 14 May 2021, 18:23:06 UTC
Next filing: 17 May 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PETQ	Class A Common Stock	Conversion of derivative security	$0	+100,000	+1426%	$0.000000	107,015	12 May 2021	Direct	F1, 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	PETQ	Class B Common Stock	Conversion of derivative security		-100,000	-47%		114,027	12 May 2021	Class A Common Stock	100,000		See Footnote	F2, F3

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

Explanation of Responses:

Id	Content
F1	Represents the conversion of Class B Common Stock into Class A Common Stock held of record by the Reporting Person.
F2	Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration date.
F3	The shares of Class B Common Stock are held by Christensen Ventures ("Ventures"). Mr. Christensen is the manager of Ventures and exercises voting and investment control over all shares held by Ventures.