Jonathan Barrett MacKenzie - 15 Mar 2024 Form 4 Insider Report for MEDIFAST INC (MED)

Signature
/s/ Jason L. Groves, attorney-in-fact
Issuer symbol
MED
Transactions as of
15 Mar 2024
Net transactions value
-$4,906
Form type
4
Filing time
19 Mar 2024, 18:15:33 UTC
Previous filing
15 Mar 2024
Next filing
17 Sep 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MED Common Stock Tax liability $1,867 -51 -1.3% $36.61 4,000 15 Mar 2024 Direct F1
transaction MED Common Stock Tax liability $3,039 -83 -2.1% $36.61 3,917 15 Mar 2024 Direct F1
* 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.