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PETMED EXPRESS INC Director's Dealing 2010

Mar 22, 2010

34556_dirs_2010-03-22_daa5e05a-3d09-48ba-b706-e0614feea9a4.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PETMED EXPRESS INC (PETS)
CIK: 0001040130
Period of Report: 2010-03-19

Reporting Person: SCHWEITZER ROBERT C (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-03-19 Common Stock X 6666 $6.6 Acquired 50000 Direct
2010-03-19 Common Stock S 6666 $20.01 Disposed 43334 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-03-19 Option to Purchase PetMed Express, Inc. Common Stock $6.6 M 6666 Disposed 2011-05-20 Common Stock (6666) 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.