SEC Form 4 · accession 0001144204-15-010984
MEDIFAST INC · MED
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Margaret Sheetz
Officer — President & COO · Director
Period of report
Feb 17, 2015
Accepted (ET)
Feb 19, 2015 · 5:14 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000910329
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 17, 2015 | A | 10,000 | $0.00 | A | 414,430 | D | |
| Common StockF2 | Feb 17, 2015 | A | 1,250 | $0.00 | A | 5,149 | I | By Spouse |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF3 | $31.55 | Feb 17, 2015 | A | 2,000 | A | — | Feb 17, 2025 | Common Stock | 2,000 | 6,000 | I |
Explanation of responses
- F1Represents shares issued under the 2012 Share Incentive Plan. These shares will vest in full on December 31, 2015.
- F2Represents shares issued to the reporting person's spouse under the 2012 Share Incentive Plan. These shares will vest in full on December 31, 2015.
- F3These retention stock options, which were issued to the reporting person's spouse under the 2012 Share Incentive Plan will vest annually in equal installments over a period of three years, beginning on the first anniversary of the grant date.