SEC Form 4 · accession 0000899243-17-018949
PetIQ, Inc. · PETQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
McCord Christensen
Officer — Chief Executive Officer · Director
Period of report
Jul 26, 2017
Accepted (ET)
Jul 26, 2017 · 12:14 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001668673
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class B Common StockF2 | Jul 26, 2017 | D | 66,667 | $16.00 | D | 809,574 | I | See Footnote |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F3,F4 | $16.00 | Jul 26, 2017 | A | 205,405 | A | — | — | Class A Common Stock | 205,405 | 205,405 | D |
Explanation of responses
- F1The shares were repurchased by the Issuer.
- F2Shares are held by Christensen Ventures, LLC ("Ventures"). Mr. Christensen is the manager of Ventures and exercises voting and investment control over all shares held by Ventures.
- F3The options vest and become exercisable in four approximately equal installments on each of the first four anniversaries of July 20, 2017.
- F4The options terminate on the tenth anniversary of July 20, 2017.