Kevin G. Byrnes - 11 Nov 2021 Form 4 Insider Report for MEDIFAST INC (MED)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
15 Nov 2021, 19:10:34 UTC
Prior SEC filing
24 Aug 2021
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Jason L. Groves, attorney-in-fact

Key filing fact

Kevin G. Byrnes filed Form 4 for MEDIFAST INC (MED) on 15 Nov 2021.

Key facts

  • This page summarizes Kevin G. Byrnes's Form 4 filing for MEDIFAST INC (MED).
  • 7 reported transactions and 3 derivative rows are listed below.
  • Accepted by SEC: 15 Nov 2021, 19:10.

Change

  • Previous filing in this sequence was filed on 24 Aug 2021.
  • Current net transaction value: -$1,031,230.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

MED transaction

Common Stock

Options Exercise

Transaction value
$77,359
Shares
+2,917
Change %
+36%
Price
$26.52
Shares after
11,071
Date
11 Nov 2021
Ownership
Direct
MED transaction

Common Stock

Options Exercise

Transaction value
$157,750
Shares
+5,000
Change %
+45%
Price
$31.55
Shares after
16,071
Date
11 Nov 2021
Ownership
Direct
MED transaction

Common Stock

Options Exercise

Transaction value
$138,400
Shares
+5,000
Change %
+31%
Price
$27.68
Shares after
21,071
Date
11 Nov 2021
Ownership
Direct
MED transaction

Common Stock

Tax liability

Transaction value
$1,404,739
Shares
-6,149
Change %
-29%
Price
$228.45
Shares after
14,922
Date
11 Nov 2021
Ownership
Direct
Footnotes
F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

MED transaction Derivative

Stock Options

Options Exercise

Transaction value
$0
Shares
-2,917
Change %
-100%
Price
$0.000000*
Shares after
0
Date
11 Nov 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
2,917
Exercise price
$26.52
Footnotes
F2
MED transaction Derivative

Stock Options

Options Exercise

Transaction value
$0
Shares
-5,000
Change %
-100%
Price
$0.000000*
Shares after
0
Date
11 Nov 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
5,000
Exercise price
$31.55
Footnotes
F3
MED transaction Derivative

Stock Options

Options Exercise

Transaction value
$0
Shares
-5,000
Change %
-100%
Price
$0.000000*
Shares after
0
Date
11 Nov 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
5,000
Exercise price
$27.68
Footnotes
F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Represents a withholding of 6,149 shares of the Issuer's common stock to satisfy the exercise price and the tax obligation in connection with the exercise of certain stock options.

Footnote F2

These options vested in three equal annual installments beginning on February 5, 2015.

Footnote F3

These options vested in three equal annual installments beginning on February 17, 2016.

Footnote F4

These options vested in three equal annual installments beginning on February 4, 2017.

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