4//SEC Filing
Pearson John Paul 4
Accession 0000950103-24-015414
CIK 0001668673other
Filed
Oct 27, 8:00 PM ET
Accepted
Oct 28, 2:10 PM ET
Size
17.8 KB
Accession
0000950103-24-015414
Insider Transaction Report
Form 4
PetIQ, Inc.PETQ
Pearson John Paul
EVP, Services & Manufactured
Transactions
- Disposition to Issuer
Restricted Stock Unit
2024-10-25−20,718→ 0 total→ Class A Common Stock (20,718 underlying) - Disposition to Issuer
Class A Common Stock
2024-10-25−8,269→ 0 total - Disposition to Issuer
Restricted Stock Unit
2024-10-25−30,666→ 0 total→ Class A Common Stock (30,666 underlying) - Disposition to Issuer
Restricted Stock Unit
2024-10-25−34,949→ 0 total→ Class A Common Stock (34,949 underlying) - Award
Restricted Stock Unit
2024-10-24+20,718→ 20,718 total→ Class A Common Stock (20,718 underlying) - Disposition to Issuer
Restricted Stock Unit
2024-10-25−14,899→ 0 total→ Class A Common Stock (14,899 underlying)
Footnotes (8)
- [F1]On October 25, 2024, Gula Merger Sub, Inc. ("Merger Sub") completed its merger (the "Merger") with and into the Issuer pursuant to the Agreement and Plan of Merger, dated as of August 7, 2024 (the "Merger Agreement"), by and among the Issuer, Gula Buyer Inc. ("Parent") and Merger Sub.
- [F2]Pursuant to a rollover agreement, immediately prior to the effective time of the Merger (the "Effective Time"), the reporting person contributed 6,569 shares of Class A Common Stock held by the reporting person in exchange for a number of newly issued equity interests in a parent entity of Parent calculated pursuant to the rollover agreement, with each share of the Issuer's Class A Common Stock valued at $31.00 per share. At the Effective Time, the remaining shares of Class A Common Stock were cancelled and exchanged for $31.00 per share.
- [F3]Each restricted stock unit ("RSU") represents a contingent right to receive one share of Class A Common Stock.
- [F4]The RSUs will vest in approximately equal installments on each of the first four anniversaries of October 24, 2024, subject to the reporting person's continuous service as an employee of the Issuer.
- [F5]The RSUs vested or will vest in approximately equal installments on each of the first four anniversaries of June 24, 2022, subject to the reporting person's continuous service as an employee of the Issuer.
- [F6]At the Effective Time, each unvested RSU was cancelled and converted solely into the right to receive a cash payment of $31.00 per share of Class A Common Stock subject to such unvested RSU, subject to the terms and conditions of the Merger Agreement.
- [F7]The RSUs will vest in approximately equal installments on each of the first four anniversaries of March 2, 2023, subject to the reporting person's continuous service as an employee of the Issuer.
- [F8]The RSUs will vest in approximately equal installments on each of the first four anniversaries of March 1, 2024, subject to the reporting person's continuous service as an employee of the Issuer.
Documents
Issuer
PetIQ, Inc.
CIK 0001668673
Entity typeother
Related Parties
1- filerCIK 0001985268
Filing Metadata
- Form type
- 4
- Filed
- Oct 27, 8:00 PM ET
- Accepted
- Oct 28, 2:10 PM ET
- Size
- 17.8 KB