PETMED EXPRESS INC — Director's Dealing 2007

Jul 25, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PETMED EXPRESS INC (PETS)
CIK: 0001040130
Period of Report: 2007-07-23

Reporting Person: ROSENBLOOM BRUCE S (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-07-23	Common Stock	X	2500	$3.45	Acquired	40916	Direct
2007-07-23	Common Stock	S	2500	$14.50	Disposed	38416	Direct
2007-07-23	Common Stock	S	2500	$14.75	Disposed	35916	Direct
2007-07-23	Common Stock	X	2500	$3.45	Acquired	38416	Direct
2007-07-23	Common Stock	S	5000	$15.00	Disposed	33416	Direct
2007-07-23	Common Stock	S	2500	$15.25	Disposed	30916	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-07-23	Option to Purchase PetMed Express, Inc. Common Stock	$3.45	M	5000	Disposed	2008-06-13	Common Stock (5000)	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.