Jeffrey J. Brown - Jun 15, 2023 Form 4 Insider Report for MEDIFAST INC (MED)

Role
Director
Signature
/s/ Jason L. Groves attorney-in-fact
Stock symbol
MED
Transactions as of
Jun 15, 2023
Transactions value $
$0
Form type
4
Date filed
6/20/2023, 08:27 PM
Previous filing
May 11, 2023
Next filing
Jul 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MED Common Stock Award $0 +3.29K +137.49% $0.00 5.68K Jun 15, 2023 Direct F1
holding MED Common Stock 37.7K Jun 15, 2023 By Brown Equity Partners, LLC F2
holding MED Common Stock 4.07K Jun 15, 2023 Jeffrey Brown Living Trust F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the right to receive 3,289 shares of the Issuer's common stock in connection with the payment of the reporting person's annual director fees, which have been deferred under the Medifast, Inc. Director's Deferred Compensation Plan (Amended and Restated). These shares are granted from the Issuer's 2012 Share Incentive Plan and will vest in full on June 15, 2024.
F2 These shares are directly owned by Brown Equity Partners, LLC, for which the reporting persons is the managing member.
F3 These shares are directly owned by Jeffrey Brown Living Trust, for which the reporting person is the sole trustee and sole beneficiary.