Freshpet, Inc. — Director's Dealing 2020

May 13, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Freshpet, Inc. (FRPT)
CIK: 0001611647
Period of Report: 2020-05-08

Reporting Person: Macchiaverna Stephen (Sr. VP, Controller, Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-05-08	common stock	M	1099	$7.10	Acquired	84928	Direct
2020-05-08	common stock	S	1099	$74.32	Disposed	83829	Direct
2020-05-11	common stock	M	1901	$7.10	Acquired	85730	Direct
2020-05-11	common stock	S	1901	$74.25	Disposed	83829	Direct
2020-05-11	common stock	M	1301	$7.10	Acquired	85130	Direct
2020-05-11	common stock	S	1301	$75.25	Disposed	83829	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-05-08	Options to purchase common stock	$7.10	M	1099	Disposed	2021-01-01	Common Stock (1099)	Direct
2020-05-11	Options to purchase common stock	$7.10	M	3202	Disposed	2021-01-01	Common Stock (3202)	Direct

Footnotes

F1: The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $74.25 to $74.53. 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 sold at each price within the range set in this Form 4.

F2: The options were issued pursuant to the Issuer's 2010 Stock Plan. The options vested on December 31, 2018.