SEC Form 4 · accession 0001179110-18-011886
PetIQ, Inc. · PETQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ronald Kennedy
Director
Period of report
Sep 28, 2018
Accepted (ET)
Oct 2, 2018 · 4:33 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 | 158,830 | $0.00 | A | 158,830 | I | See Footnote |
| Class A Common StockF3,F4,F2 | Oct 1, 2018 | S | 158,830 | $37.1475 | D | 0 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Class B Common StockF2,F5 | — | Sep 28, 2018 | C | 158,830 | D | — | — | Class A Common Stock | 158,830 | 299,956 | 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 Kennedy Family Investments, LLC. Mr. Kennedy is the manager of Kennedy Family Investments, LLC and exercises voting and investment control over all shares held by Kennedy Family Investments, LLC.
- 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.
- F4The reporting person's sale of shares of Class A Common Stock is matchable under Section 16(b) of the Securities Exchange Act of 1934, as amended ("Section 16(b)"). The reporting person has agreed to voluntarily disgorge to the Issuer the Section 16(b) profit that resulted from the transaction reported herein.
- F5Each 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.