R. Michael Herrman - 12 Mar 2023 Form 4 Insider Report for PetIQ, Inc.

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
14 Mar 2023, 16:34:36 UTC
Prior SEC filing
03 Mar 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ R. Michael Herrman

Key filing fact

R. Michael Herrman filed Form 4 for PetIQ, Inc. on 14 Mar 2023.

Key facts

  • This page summarizes R. Michael Herrman's Form 4 filing for PetIQ, Inc..
  • 6 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 14 Mar 2023, 16:34.

Change

  • Previous filing in this sequence was filed on 03 Mar 2023.
  • Current net transaction value: -$8,457.

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.

PETQ transaction

Class A Common Stock

Options Exercise

Transaction value
Shares
+1,834
Change %
+14%
Price
Shares after
14,850
Date
12 Mar 2023
Ownership
Direct
Footnotes
F1
PETQ transaction

Class A Common Stock

Tax liability

Transaction value
$6,199
Shares
-557
Change %
-3.8%
Price
$11.13
Shares after
14,293
Date
12 Mar 2023
Ownership
Direct
Footnotes
F2
PETQ transaction

Class A Common Stock

Options Exercise

Transaction value
Shares
+677
Change %
+4.7%
Price
Shares after
14,970
Date
13 Mar 2023
Ownership
Direct
Footnotes
F1
PETQ transaction

Class A Common Stock

Tax liability

Transaction value
$2,258
Shares
-206
Change %
-1.4%
Price
$10.96
Shares after
14,764
Date
13 Mar 2023
Ownership
Direct
Footnotes
F2

Reported derivative securities

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

PETQ transaction Derivative

Restricted Stock Unit

Options Exercise

Transaction value
$0
Shares
-1,834
Change %
-50%
Price
$0.000000
Shares after
1,835
Date
12 Mar 2023
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
1,834
Exercise price
Footnotes
F3, F4
PETQ transaction Derivative

Restricted Stock Unit

Options Exercise

Transaction value
$0
Shares
-677
Change %
-100%
Price
$0.000000*
Shares after
0
Date
13 Mar 2023
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
677
Exercise price
Footnotes
F3, F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

Settlement of restricted stock units ("RSU") into shares of Class A common stock.

Footnote F2

Shares withheld to satisfy minimum tax withholding requirements upon vesting of RSUs.

Footnote F3

Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A Common Stock.

Footnote F4

The RSUs vest in approximately equal installments on each of the first four anniversaries of March 12, 2020, subject to the reporting person's continuous service as an employee of the Issuer.

Footnote F5

The RSUs vest in approximately equal installments on each of the first four anniversaries of March 13, 2019, subject to the reporting person's continuous service as an employee of the Issuer.

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