PETMED EXPRESS INC — Director's Dealing 2008

May 14, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PETMED EXPRESS INC (PETS)
CIK: 0001040130
Period of Report: 2008-05-12

Reporting Person: FORMICA FRANK J (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-05-12	Common Stock	X	2200	$8.9	Acquired	13200	Direct
2008-05-12	Common Stock	S	2200	$13	Disposed	11000	Direct
2008-05-12	Common Stock	X	5000	$7.9	Acquired	16000	Direct
2008-05-12	Common Stock	S	5000	$13	Disposed	11000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-05-12	Option to Purchase PetMed Express, Inc. Common Stock	$8.9	M	2200	Acquired	2008-06-11	Common Stock (2200)	Direct
2008-05-12	Option to Purchase PetMed Express, Inc. Common Stock	$7.9	M	5000	Acquired	2008-08-11	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.