SEC Form 4 · accession 0001179110-18-010633
PetIQ, Inc. · PETQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
McCord Christensen
Officer — Chief Executive Officer · Director
Period of report
Aug 13, 2018
Accepted (ET)
Aug 16, 2018 · 5:35 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 A Common StockF2 | Aug 13, 2018 | C | 20,000 | $0.00 | A | 20,000 | I | See Footnote (2) |
| Class A Common StockF4,F2 | Aug 14, 2018 | S | 15,474 | $28.02 | D | 4,526 | I | See Footnote (2) |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Class B Common StockF6,F5 | — | Aug 13, 2018 | C | 20,000 | D | — | — | Class A Common Stock | 20,000 | 688,055 | I |
Explanation of responses
- F1Represents the conversion of Class B Common Stock in to Class A Common Stock held of record by the reporting person.
- F2The shares 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 sale reported in this Form 4 was effectuated pursuant to a pre-established Rule 10b5-1 trading plan adopted by the reporting person.
- F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.00 to $28.07, inclusive. The reporting person undertakes to provide to PetIQ, Inc., any security holder of PetIQ, Inc., 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 ranges set forth in footnote (4) to this Form 4.
- F5Each 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.
- F6These shares of Class B Common Stock, which are convertible on a one-for-one basis into shares of Class A Common Stock, were previously reported as shares of Class A Common Stock in Table I and will heretofore be reported in Table II.
Remarks
This Form 4 is being filed late due to inadvertent administrative error