Filing Details

Accession Number:
0001209191-21-039998
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-06-11 18:16:15
Reporting Period:
2021-06-09
Accepted Time:
2021-06-11 18:16:15
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1579733 Vital Farms Inc. VITL Food And Kindred Products (2000) 270496985
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1818596 Brent Drever C/O Vital Farms, Inc.
3601 South Congress Avenue, Suite C100
Austin TX 78704
Yes No No 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 2021-06-09 3,471 $0.00 10,971 No 4 A Direct
Common Stock Disposition 2021-06-09 453,422 $22.00 0 No 4 S Indirect See footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 S Indirect See footnote
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 766,756 Indirect See footnote
Common Stock 50,324 Indirect See footnote
Footnotes
  1. Represents a restricted stock unit ("RSU") award. The RSUs will vest on the earlier of (1) June 9, 2022 and (2) the day before the Issuer's next annual meeting of stockholders, subject to the Reporting Person's continuous service with the Issuer as of the applicable vesting date.
  2. The shares reported herein give effect to the pro rata distribution of shares by MTP C001 Holdings, LLC ("MTP LLC") for no additional consideration to its limited partners and its general partners. As the distribution of such shares constituted only a change in the form of the Reporting Person's ownership in such shares, the Reporting Person was not required to report the distribution pursuant to Section 16.
  3. The shares are held by Manna Tree Partners Fund I, L.P. ("Fund I"). The Reporting Person is on the investment committee of the ultimate general partner of Fund I, as a result, may be deemed to share voting and investment power with respect to the shares held by Fund I. 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.
  4. The shares are held by MTP LLC. The Reporting Person is on the investment committee of the ultimate general partner of MTP LLC, as a result, may be deemed to share voting and investment power with respect to the shares held by MTP LLC. 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.
  5. The shares are held by Manna Tree Partners Fund I GP, L.P. ("Fund I GP"). The Reporting Person is on the investment committee of the ultimate general partner of Fund I GP, as a result, may be deemed to share voting and investment power with respect to the shares held by Fund I GP. 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.