Michael A. Smith - May 7, 2022 Form 4 Insider Report for PetIQ, Inc. (PETQ)

Signature
/s/ R. Michael Herrman, as attorney-in-fact
Stock symbol
PETQ
Transactions as of
May 7, 2022
Transactions value $
-$31,984
Form type
4
Date filed
5/10/2022, 07:43 PM
Previous filing
Mar 15, 2022
Next filing
May 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PETQ Class A Common Stock Options Exercise $0 +6.25K +38.59% $0.00 22.4K May 7, 2022 Direct F1
transaction PETQ Class A Common Stock Tax liability -$32K -1.96K -8.71% $16.36 20.5K May 7, 2022 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PETQ Restricted Stock Unit Options Exercise $0 -6.25K -25% $0.00 18.8K May 7, 2022 Class A Common Stock 6.25K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Settlement of restricted stock units ("RSU") into shares of Class A common stock.
F2 Shares withheld to satisfy minimum tax withholding requirements upon vesting of RSUs.
F3 Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A Common Stock.
F4 The RSU's vest in approximately equal installments on each of the first four anniversaries of May 07, 2021, subject to the reporting person's continuous service as an employee of the Issuer.