SEC Form 4 · accession 0001437749-19-004380
Freshpet, Inc. · FRPT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott James Morris
Officer — President and COO
Period of report
Mar 6, 2019
Accepted (ET)
Mar 8, 2019 · 6:07 am EST
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 | Mar 6, 2019 | M | 18,500 | $7.10 | A | 181,298 | D | |
| common stock | Mar 6, 2019 | S | 18,500 | $40.00 | D | 162,798 | D | |
| common stock | Mar 7, 2019 | M | 31,500 | $7.10 | A | 194,298 | D | |
| common stockF1 | Mar 7, 2019 | S | 31,500 | $40.00 | D | 162,798 | 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 stockF2 | $7.10 | Mar 6, 2019 | M | 18,500 | D | — | Jan 1, 2021 | Common Stock | 18,500 | 38,934 | D |
| Options to purchase common stockF2 | $7.10 | Mar 7, 2019 | M | 31,500 | D | — | Jan 1, 2021 | Common Stock | 31,500 | 7,434 | D |
Explanation of responses
- F1The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.00 to $40.12. 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 options were originally issued pursuant to the Issuer's 2010 Stock Option Plan as performance based awards. On December 30, 2016, the awards were amended from performance based awards to time vested awards. The awards as amended vested on December 31, 2018.