McCord Christensen - May 12, 2021 Form 4 Insider Report for PetIQ, Inc. (PETQ)

Role: Chief Executive Officer, Director
Signature: /s/ R. Michael Herrman, as attorney-in-fact
Stock symbol: PETQ
Transactions as of: May 12, 2021
Transactions value $: $0
Form type: 4
Date filed: 5/14/2021, 06:23 PM
Next filing: May 17, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PETQ	Class A Common Stock	Conversion of derivative security	$0	+100K	+1425.52%	$0.00	107K	May 12, 2021	Direct	F1, 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	Class B Common Stock	Conversion of derivative security		-100K	-46.72%		114K	May 12, 2021	Class A Common Stock	100K		See Footnote	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents the conversion of Class B Common Stock into Class A Common Stock held of record by the Reporting Person.
F2	Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration date.
F3	The shares of Class B Common Stock are held by Christensen Ventures ("Ventures"). Mr. Christensen is the manager of Ventures and exercises voting and investment control over all shares held by Ventures.