Form 4 for VITL Vital Farms, Inc.
Accepted 2024-03-12 00:00:00 ET · period of report 2024-03-10 · accession 0001415889-24-007722 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-03-12 | 2024-03-10 | VITL | Diez-Canseco Russell | Pres AND CEO, Dir | F - Tax | $20.51 | -3,277 | 220.3K | -1% | -$67.2K |
| D | 2024-03-12 | 2024-03-11 | VITL | Diez-Canseco Russell | Pres AND CEO, Dir | A - Grant | $0.00 | +95.3K | 315.6K | +43% | $0 |
| D | 2024-03-12 | 2024-03-12 | VITL | Diez-Canseco Russell | Pres AND CEO, Dir | M - OptEx | $5.33 | +35.0K | 350.6K | +11% | +$186.6K |
| D | 2024-03-12 | 2024-03-12 | VITL | Diez-Canseco Russell | Pres AND CEO, Dir | S - Sale+OE | $20.94 | -31.6K | 318.9K | -9% | -$662.6K |
| D | 2024-03-12 | 2024-03-12 | VITL | Diez-Canseco Russell | Pres AND CEO, Dir | M - OptEx | $0.00 | -35.0K | 988.0K | -3% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2024-03-10 | F | D | 3,277 | $20.51 | 220,291 | D | — | — | |
| 2 | Common | Common Stock | 2024-03-11 | A | A | 95,283 | $0.00 | 315,574 | D | — | — | (F2) Represents a restricted stock unit ("RSU") award. The RSUs vest in three equal annual installments commencing on March 11, 2025, subject to the Reporting Person's continuous service with the Issuer as of the applicable vesting date. |
| 3 | Common | Common Stock | 2024-03-12 | M | A | 35,000 | $5.33 | 350,574 | D | — | — | |
| 4 | Common | Common Stock | 2024-03-12 | S | D | 31,643 | $20.94 | 318,931 | D | — | — | (F4) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.66 to $21.02 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. |
| 5 | Derivative | Employee Stock Option (right to buy) | 2024-03-12 | M | D | 35,000 | $0.00 | 987,970 | D | $5.33 · — to 2029-08-28 | 35,000 Common Stock | (F5) One-fifth (1/5th) of the shares subject to the option vested or will vest in equal annual installments commencing on August 22, 2020, subject to the Reporting Person continuing to provide service through each such date. |