PETMED EXPRESS INC — Director's Dealing 2008

Sep 10, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PETMED EXPRESS INC (PETS)
CIK: 0001040130
Period of Report: 2008-09-08

Reporting Person: AKDAG MENDERES (Director, CHIEF EXECUTIVE OFFICER & PRES)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-09-08	Common Stock	X	23889	$10.64	Acquired	453889	Direct
2008-09-08	Common Stock	S	23889	$15.75	Disposed	430000	Direct
2008-09-09	Common Stock	X	3015	$10.64	Acquired	433015	Direct
2008-09-09	Common Stock	S	3015	$16	Disposed	430000	Direct
2008-09-10	Common Stock	X	17441	$10.64	Acquired	447441	Direct
2008-09-10	Common Stock	S	17441	$16	Disposed	430000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-09-08	Option to Purchase PetMed Express, Inc. Common Stock	$10.64	M	23889	Disposed	2010-03-16	Common Stock (23889)	Direct
2008-09-09	Option to Purchase PetMed Express, Inc. Common Stock	$10.64	M	3015	Disposed	2010-03-16	Common Stock (3015)	Direct
2008-09-10	Option to Purchase PetMed Express, Inc. Common Stock	$10.64	M	17441	Disposed	2010-03-16	Common Stock (17441)	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.