Form 4 for WOOF Petco Health & Wellness Company, Inc.
Accepted 2024-04-17 00:00:00 ET · period of report 2024-04-15 · accession 0001127602-24-013147 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-04-17 | 2024-04-15 | WOOF | Tichy Justin | COO | A - Grant | $0.00 | +500.0K | 912.2K | +121% | $0 |
| D | 2024-04-17 | 2024-04-15 | WOOF | Tichy Justin | COO | A - Grant | $0.00 | +145.5K | 145.5K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2024-04-15 | A | A | 500,000 | $0.00 | 912,238 | D | — | — | (F1) Represents 500,000 restricted stock units ("RSUs") granted under the Petco Health and Wellness Company, Inc. 2021 Equity Incentive Plan (as amended, the "2021 Plan"). Each RSU represents the right to receive one share of Class A common stock of the Issuer. The RSUs will vest in the following installments: (i) 34% on the first anniversary of 04/15/2024 (the "Grant Date"); (ii) 16.5% on the date that is 18 months following the Grant Date; (iii) 16.5% on the second anniversary of the Grant Date; (iv) 16.5% on the date that is 30 months following the Grant Date; and (v) 16.5% on the third anniversary of the Grant Date. (F2) Includes 255,732 outstanding RSUs granted under the 2021 Plan. Each RSU represents the right to receive one share of Class A common stock of the Issuer. |
| 2 | Derivative | Performance Stock Unit | 2024-04-15 | A | A | 145,503 | $0.00 | 145,503 | D | — · — to — | 145,503 Class A Common Stock | (F3) Represents the target number of performance stock units ("PSUs") granted under the 2021 Plan. The PSUs represent the right to receive shares of Class A common stock of the Issuer in an amount from 0% to 200% of the target number of PSUs granted. The actual number of PSUs earned will be determined following a performance period ending January 30, 2027, based on the Issuer's total shareholder return during the performance period and subject to continued employment through the vesting date. |