Daniel R. Chard - Mar 15, 2024 Form 4 Insider Report for MEDIFAST INC (MED)

Role: Chairman & CEO, Director
Signature: /s/ Jason L. Groves, attorney-in-fact
Stock symbol: MED
Transactions as of: Mar 15, 2024
Transactions value $: -$124,803
Form type: 4
Date filed: 3/19/2024, 06:14 PM
Previous filing: Mar 15, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MED	Common Stock	Tax liability	-$22.3K	-608	-0.59%	$36.61	103K	Mar 15, 2024	Direct	F1
transaction	MED	Common Stock	Tax liability	-$34.5K	-942	-0.92%	$36.61	102K	Mar 15, 2024	Direct	F1
transaction	MED	Common Stock	Tax liability	-$68.1K	-1.86K	-1.83%	$36.61	99.8K	Mar 15, 2024	Direct	F1
holding	MED	Common Stock						109K	Mar 15, 2024	The Dan and Allyson Family Irrevocable Trust	F2

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

Explanation of Responses:

Id	Content
F1	Represents the number of shares withheld by the Issuer upon the vesting of a restricted stock unit grant to cover the executive's withholding tax associated with the satisfaction of all vesting conditions. The number of shares withheld is based upon the closing price of a share of Medifast common stock on the vesting date, or if the vesting date fell on a weekend or market holiday, upon the closing price of a share of Medifast common stock on the most recent prior market day.
F2	These shares are directly owned by The Dan and Allyson Family Irrevocable Trust, for which the reporting person is the Settlor of the Trust and Investment Trustee.

Content

Represents the number of shares withheld by the Issuer upon the vesting of a restricted stock unit grant to cover the executive's withholding tax associated with the satisfaction of all vesting conditions. The number of shares withheld is based upon the closing price of a share of Medifast common stock on the vesting date, or if the vesting date fell on a weekend or market holiday, upon the closing price of a share of Medifast common stock on the most recent prior market day.

These shares are directly owned by The Dan and Allyson Family Irrevocable Trust, for which the reporting person is the Settlor of the Trust and Investment Trustee.