Michael A. Smith - May 7, 2024 Form 4 Insider Report for PetIQ, Inc. (PETQ)

Signature
/s/ Patrick Jones, by power of attorney
Stock symbol
PETQ
Transactions as of
May 7, 2024
Transactions value $
-$49,611
Form type
4
Date filed
5/9/2024, 06:43 PM
Previous filing
Mar 14, 2024
Next filing
Aug 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PETQ Class A Common Stock Options Exercise +6.25K +9.34% 73.2K May 7, 2024 Direct F1
transaction PETQ Class A Common Stock Tax liability -$49.6K -2.82K -3.86% $17.58 70.3K May 7, 2024 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 -50% $0.00 6.25K May 7, 2024 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 tax withholding requirements upon vesting of RSUs.
F3 Each 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 7, 2021, subject to the reporting person's continuous service as an employee of the Issuer.