SEC Form 4 · accession 0001437749-18-009612
Freshpet, Inc. · FRPT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen Macchiaverna
Officer — Sr. VP, Controller, Secretary
Period of report
May 10, 2018
Accepted (ET)
May 11, 2018 · 4:05 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001611647
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common stock | May 10, 2018 | M | 946 | $7.10 | A | 73,884 | D | |
| Common stockF1 | May 10, 2018 | S | 946 | $20.4659 | D | 72,938 | D | |
| Common stock | May 10, 2018 | M | 4,000 | $9.05 | A | 76,938 | D | |
| Common stockF2 | May 10, 2018 | S | 4,000 | $20.505 | D | 72,938 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Options to purchase common stockF3 | $7.10 | May 10, 2018 | M | 946 | D | — | Dec 31, 2020 | Common Stock | 946 | 0 | D |
| Options to purchase common stockF4 | $9.05 | May 10, 2018 | M | 4,000 | D | — | May 9, 2026 | Common Stock | 4,000 | 37,995 | D |
Explanation of responses
- F1The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.45 to $20.50. The reporting person undertakes to provide to Freshpet, Inc., any security holders of Freshpet, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each price within the range set in this Form 4.
- F2The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.45 to $20.525. The reporting person undertakes to provide to Freshpet, Inc., any security holders of Freshpet, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each price within the range set in this Form 4.
- F3The options were issued pursuant to the Issuer's 2010 Stock Option Plan, as amended. 40% of the options vest on November 7, 2015 and 60% of the options vest on November 7, 2016.
- F4The options were issued pursuant to the Issuer's 2014 Omnibus Incentive Plan. The option vests in three equal annual installments beginning May 9, 2017.