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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1360530	Vitamin Shoppe Inc.	VSI	Retail-Food Stores (5400)	113664322

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1383838	Management Capital Shah	8601 Six Forks Road Suite 630 Raleigh NC 27615		No	No	Yes	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2018-02-01	114,200	$4.11	314,200	No	4	P	Indirect	See Footnote 1
Common Stock	Acquisiton	2018-01-02	17,122	$4.15	3,147,122	No	4	P	Indirect	See Footnote 2
Common Stock	Acquisiton	2018-02-02	352,878	$4.07	3,500,000	No	4	P	Indirect	See Footnote 3
Common Stock	Acquisiton	2018-02-01	5,800	$4.11	34,800	No	4	P	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	See Footnote 1
No	4	P	Indirect	See Footnote 2
No	4	P	Indirect	See Footnote 3
No	4	P	Direct

Footnotes

Represents shares of common stock deemed to be owned beneficially by Shah Capital Management, Inc. (SCM) solely as a result of its discretionary power over such shares as investment adviser to its separately managed account clients
Represents shares of common stock owned by Shah Capital Opportunity Fund LP (the "Fund") which could be deemed to be owned beneficially by (1) SCM solely as a result of its discretionary power over such shares as investment adviser to the Fund, and (ii) Shah Capital LLC as general partner to the Fund.
Represents shares of common stock owned by Shah Capital Opportunity Fund LP (the "Fund") which could be deemed to be owned beneficially by (k) SCM solely as a result of its discretionary power over such shares as investment adviser to the Fund and (ii) Shah Capital LLC as general partner to the Fund.
Represents shares held by Himanshu H. Shah directly. Mr. Shah is the President of SCM and the Managing Member of Shah Capital LLC and holds a controlling percentage of the outstanding voting securities of both entities. As a result of his position with and ownership of these entities he could be deemed the beneficiary of the shares beneficially owned by Shah Capital LLC on behalf of the Fund and SCM for separately managed account clients and those held by the Fund. Mr. Shah disclaims beneficial ownership of shares beneficially owned by SCM, Shah Capital LLC and the Fund except to the extent of his pecuniary interest in such shares.