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MEDIFAST INC Director's Dealing 2015

Jul 2, 2015

33899_dirs_2015-07-02_923c30ce-2ec9-463d-bdfc-b04daad18593.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MEDIFAST INC (MED)
CIK: 0000910329
Period of Report: 2015-06-30

Reporting Person: Welling Glenn W. (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2015-06-30 Common Stock X 53250 $24 Acquired 267895 Indirect
2015-06-30 Common Stock X 46750 $24 Acquired 468371 Indirect

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2015-06-30 Call Option (Right to Buy) $24 X 53250 Disposed 2015-06-30 Common Stock (53250) Indirect
2015-06-30 Call Option (Right to Buy) $24 X 46750 Disposed 2015-06-30 Common Stock (46750) Indirect

Footnotes

F1: Securities owned directly by Engaged Capital Master Feeder I, LP ("Engaged Capital Master I"). Mr. Welling, solely by virtue of his position as the founder and
Chief Investment Officer ("CIO") of Engaged Capital, LLC ("Engaged Capital"), the general partner and investment advisor of Engaged Capital Master I, and as the
sole member of Engaged Capital Holdings, LLC ("Engaged Holdings"), the managing member of Engaged Capital, may be deemed to beneficially own the securities
owned directly by Engaged Capital Master I for purposes of Section 16. Mr. Welling expressly disclaims beneficial ownership of such securities except to the extent
of his pecuniary interest therein.

F2: Securities owned directly by Engaged Capital Master Feeder II, LP ("Engaged Capital Master II"). Mr. Welling, solely by virtue of his position as the founder and
CIO of Engaged Capital, the general partner and investment advisor of Engaged Capital Master II, and as the sole member of Engaged Holdings, the managing
member of Engaged Capital, may be deemed to beneficially own the securities owned directly by Engaged Capital Master II for purposes of Section 16. Mr. Welling
expressly disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.

F3: Automatic settlement of expiring call option.