PETMED EXPRESS INC — Director's Dealing 2008

Jul 31, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PETMED EXPRESS INC (PETS)
CIK: 0001040130
Period of Report: 2008-07-29

Reporting Person: FORMICA FRANK J (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-07-29	Common Stock	X	10000	$7.9	Acquired	21000	Direct
2008-07-29	Common Stock	S	10000	$15	Disposed	11000	Direct
2008-07-29	Common Stock	X	3333	$8.9	Acquired	14333	Direct
2008-07-29	Common Stock	S	3333	$15	Disposed	11000	Direct
2008-07-29	Common Stock	X	6667	$6.6	Acquired	17667	Direct
2008-07-29	Common Stock	S	6667	$15	Disposed	11000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-07-29	Option to Purchase PetMed Express, Inc. Common Stock	$7.9	M	10000	Disposed	2009-08-11	Common Stock (10000)	Direct
2008-07-29	Option to Purchase PetMed Express Common Stock	$8.9	M	3333	Disposed	2009-06-11	Common Stock (3333)	Direct
2008-07-29	Option to Purchase PetMed Express, Inc. Common Stock	$6.6	M	6667	Disposed	2009-05-20	Common Stock (6667)	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.