4//SEC Filing
Khoury Karl 4
Accession 0001209191-20-045313
CIK 0001579733other
Filed
Aug 4, 8:00 PM ET
Accepted
Aug 5, 7:44 PM ET
Size
13.2 KB
Accession
0001209191-20-045313
Insider Transaction Report
Form 4
Khoury Karl
Director
Transactions
- Conversion
Common Stock
2020-08-04+909,341→ 2,258,129 total(indirect: See Footnote) - Conversion
Series B Preferred Stock
2020-08-04−909,341→ 0 total(indirect: See Footnote)→ Common Stock (909,341 underlying) - Sale
Common Stock
2020-08-04$20.46/sh−227,749$4,659,745→ 2,030,380 total(indirect: See Footnote) - Award
Common Stock
2020-08-03+7,500→ 7,500 total - Purchase
Common Stock
2020-08-04$22.00/sh+4,000$88,000→ 11,500 total
Footnotes (4)
- [F1]Represents a restricted stock unit ("RSU") grant. The RSUs vest in three equal installments on the day before each of the first, second and third Annual Meeting of the Issuer's stockholders following the initial public offering, subject to the Reporting Person's continuous service with the Issuer as of the applicable vesting date.
- [F2]Each RSU represents a contingent right to receive one share of the Issuer's common stock.
- [F3]Each share of Series B Preferred Stock converted into shares of Common Stock upon the closing of the Issuer's initial public offering, on a one-for-one basis, and had no expiration date.
- [F4]The shares are held by Arborview Capital Partners LP ("ACP"). The Reporting Person is a managing members and a member of the investment committee of the ultimate general partner of ACP and, as a result, may be deemed to share voting and investment power with respect to the shares held by ACP. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein, and the inclusion of the shares in this report shall not be deemed to be an admission of beneficial ownership of the reported shares for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise.
Documents
Issuer
Vital Farms, Inc.
CIK 0001579733
Entity typeother
Related Parties
1- filerCIK 0001818961
Filing Metadata
- Form type
- 4
- Filed
- Aug 4, 8:00 PM ET
- Accepted
- Aug 5, 7:44 PM ET
- Size
- 13.2 KB