Form 4 for WOOF Petco Health & Wellness Company, Inc.
Accepted 2025-03-06 00:00:00 ET · period of report 2025-03-04 · accession 0001127602-25-008622 · 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 | 2025-03-06 | 2025-03-04 | WOOF | Stout John Logan | Chief Merchandising Off | A - Grant | $0.00 | +203.3K | 203.3K | New | $0 |
| DM | 2025-03-06 | 2025-03-04 | WOOF | Stout John Logan | Chief Merchandising Off | A - Grant | $0.00 | +286.8K | 129.5K | 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 | 2025-03-04 | A | A | 203,253 | $0.00 | 203,253 | D | — | — | (F1) Represents 203,253 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 3/4/2025 (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. |
| 2 | Derivative | Employee Stock Option (Right to Buy) | 2025-03-04 | A | A | 157,233 | $0.00 | 157,233 | D | $2.46 · — to 2035-03-04 | 157,233 Class A Common Stock | (F2) Represents options to purchase Class A Common Stock granted under the 2021 Plan. The options will vest as follows: (i) 34% on the first anniversary of 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. |
| 3 | Derivative | Performance Stock Unit | 2025-03-04 | A | A | 129,534 | $0.00 | 129,534 | D | — · — to — | 129,534 Class A Common Stock | (F3) Represents the target number of 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 29, 2028, based on the Issuer's total shareholder return during the performance period and subject to continued employment through the vesting date. |