4//SEC Filing
Glasman Zvi 4
Accession 0000950103-24-015428
CIK 0001668673other
Filed
Oct 27, 8:00 PM ET
Accepted
Oct 28, 3:10 PM ET
Size
22.1 KB
Accession
0000950103-24-015428
Insider Transaction Report
Form 4
PetIQ, Inc.PETQ
Glasman Zvi
Chief Financial Officer
Transactions
- Disposition to Issuer
Restricted Stock Unit
2024-10-25−18,257→ 0 total→ Class A Common Stock (18,257 underlying) - Disposition to Issuer
Restricted Stock Unit
2024-10-25−38,794→ 0 total→ Class A Common Stock (38,794 underlying) - Disposition to Issuer
Restricted Stock Unit
2024-10-25−21,268→ 0 total→ Class A Common Stock (21,268 underlying) - Award
Restricted Stock Unit
2024-10-24+21,268→ 21,268 total→ Class A Common Stock (21,268 underlying) - Disposition to Issuer
Restricted Stock Unit
2024-10-25−35,876→ 0 total→ Class A Common Stock (35,876 underlying) - Disposition to Issuer
Class A Common Stock
2024-10-25−9,800→ 0 total - Disposition to Issuer
Employee Stock Option (right to buy)
2024-10-25−36,513→ 0 totalExercise: $16.00Exp: 2032-01-03→ Class A Common Stock (36,513 underlying) - Disposition to Issuer
Class A Common Stock
2024-10-25−16,000→ 0 total(indirect: See Footnote)
Footnotes (11)
- [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.
- [F10]The option vested or will vest in approximately equal installments on each of the first four anniversaries of January 3, 2022, subject to the reporting person's continuous service as an employee of the Issuer.
- [F11]At the Effective Time, each option was cancelled and converted solely into the right to receive a cash payment equal to $31.00 per option share minus the per share exercise price of the of the option, subject to the terms and conditions of the Merger Agreement.
- [F2]Immediately prior to the effective time of the Merger (the "Effective Time"), each share of Class A Common Stock was cancelled and exchanged for $31.00 per share.
- [F3]The reportable securities are held by The Zvi and Marlise Glasman Family Trust (the "Trust"). The Reporting Person and his spouse are the trustees and the beneficiaries of the Trust.
- [F4]Each restricted stock unit ("RSU") represents a contingent right to receive one share of Class A Common Stock.
- [F5]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.
- [F6]The RSUs vested or will vest in approximately equal installments on each of the first four anniversaries of January 3, 2022, subject to the reporting person's continuous service as an employee of the Issuer.
- [F7]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.
- [F8]The RSUs vested or 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.
- [F9]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 0001582879
Filing Metadata
- Form type
- 4
- Filed
- Oct 27, 8:00 PM ET
- Accepted
- Oct 28, 3:10 PM ET
- Size
- 22.1 KB