Freshpet, Inc. — Director's Dealing 2019

Mar 8, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Freshpet, Inc. (FRPT)
CIK: 0001611647
Period of Report: 2019-03-06

Reporting Person: Morris Scott James (President and COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-03-06	common stock	M	18500	$7.10	Acquired	181298	Direct
2019-03-06	common stock	S	18500	$40	Disposed	162798	Direct
2019-03-07	common stock	M	31500	$7.10	Acquired	194298	Direct
2019-03-07	common stock	S	31500	$40	Disposed	162798	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-03-06	Options to purchase common stock	$7.10	M	18500	Disposed	2021-01-01	Common Stock (18500)	Direct
2019-03-07	Options to purchase common stock	$7.10	M	31500	Disposed	2021-01-01	Common Stock (31500)	Direct

Footnotes

F1: The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.00 to $40.12. The reporting person undertakes to provide to Freshpet, Inc., any security holders of Freshpet, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each price within the range set in this Form 4.

F2: The options were originally issued pursuant to the Issuer's 2010 Stock Option Plan as performance based awards. On December 30, 2016, the awards were amended from performance based awards to time vested awards. The awards as amended vested on December 31, 2018.