Diez-Canseco Russell's Form 4/A amendment
AmendedVital Farms, Inc. (VITL) · filed Sep 15, 2023
- Accession no.
- 0001209191-23-049596
- Filed
- Sep 15, 2023
- Trade date
- Sep 7, 2023
- Filing delay
- 8 days
- Rule 10b5-1 plan
- Checked
- Original filed
- Sep 11, 2023
This filing lists 2 non-derivative transactions and 1 derivative transaction. Open-market sales total $303.0K. It was filed 8 days after the trade.
This amendment replaces 0001209191-23-048933 (filed Sep 11, 2023).
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Diez-Canseco RussellCIK 0001818591 | Director, Officer (President and CEO) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Sep 7, 2023 | Common Stock | MOption exerciseAcquired | +27,500 | $3.25 | +$89,375 | 229,794 | Direct | |
| Sep 7, 2023 | Common Stock | SSaleDisposed | −26,720 | $11.34F3 | −$303,004.8 | 213,074 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Sep 7, 2023 | Common Stock | MOption exerciseDisposed | −27,500 | $0.00 | $0 | 67,185 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
The exercise and subsequent sales were made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 8, 2023.
- F2
The initial Form 4 filed on September 11, 2023, inadvertently omitted an additional 10,780 options that were exercised and held. This amendment lists the correct number of shares exercised and beneficially owned after each transaction.
- F3
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.07 to $11.54 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Referenced by the price of 1 transaction in Table I.
- F4
Fully vested.