PETMED EXPRESS INC — Director's Dealing 2007

Aug 8, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PETMED EXPRESS INC (PETS)
CIK: 0001040130
Period of Report: 2007-08-07

Reporting Person: AKDAG MENDERES (Director, CEO and President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-08-07	Common Stock	X	27777	$10.64	Acquired	517777	Direct
2007-08-07	Common Stock	S	37777	$15.50	Disposed	480000	Direct
2007-08-07	Common Stock	X	27778	$10.64	Acquired	507775	Direct
2007-08-07	Common Stock	S	37778	$15.75	Disposed	470000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-08-07	Option to Purchase PetMed Express, Inc. Common Stock	$10.64	M	27777	Disposed	2008-03-16	Common Stock (27777)	Direct
2007-08-07	Option to Purchase PetMed Express, Inc. Common Stock	$10.64	M	27778	Disposed	2009-03-16	Common Stock (27778)	Direct

Footnotes

F1: The reported transactions are pursuant to a pre-arranged structured sales plan that is in accordance with both the Securities and Exchange Commission's Rule 10b5-1 and the PetMed Express, Inc. insider trading policy.