SEC Form 4 · accession 0001179110-18-011882
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
Sep 28, 2018
Accepted (ET)
Oct 2, 2018 · 4:31 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 | Sep 28, 2018 | C | 160,000 | $0.00 | A | 160,000 | I | See Footnote (2) |
| Class A Common StockF3,F2 | Oct 1, 2018 | S | 160,000 | $37.1475 | D | 0 | 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 StockF2,F4 | — | Sep 28, 2018 | C | 160,000 | D | — | — | Class A Common Stock | 160,000 | 508,055 | I |
Explanation of responses
- F1Represents the exchange of Class B Common Stock into 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.
- F3Represents shares of Class A Common Stock sold to the underwriters pursuant to an underwritten public offering that closed on October 1, 2018. The price per share received by the reporting person is equal to the public offering price of $39.00, less the underwriting discount.
- F4Each share of Class B Common Stock may be exchanged for one share of Class A Common Stock at the option of the holder and has no expiration date.