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: 2020-05-11

Reporting Person: KASSAR RICHARD A (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-05-11	common stock	M	3687	$16.45	Acquired	149320	Direct
2020-05-11	common stock	S	3687	$75	Disposed	145633	Direct
2020-05-11	common stock	M	6313	$11	Acquired	151946	Direct
2020-05-11	common stock	S	6313	$75	Disposed	145633	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-05-11	Options to purchase common stock	$16.45	M	3687	Disposed	2028-03-30	Common Stock (3687)	Direct
2020-05-11	Options to purchase common stock	$11	M	6313	Disposed	2027-04-03	Common Stock (6313)	Direct

Footnotes

F1: The options were issued pursuant to the Issuer's 2014 Omnibus Incentive Plan. Half of the options vest in three equal annual installments beginning March 30, 2019. The remaining options are subject to the satisfaction of certain performance goals over three years beginning December 31, 2018 and the reporting person's continued employment through the vesting date.

F2: The options were issued pursuant to the Issuer's 2014 Omnibus Incentive Plan. Half of the options vest in three equal annual installments beginning April 3, 2018. The remaining options are subject to the satisfaction of certain performance goals and vest on December 31, 2020 and the reporting person's continued employment through the vesting date.