RON COUGHLIN - 13 Jan 2022 Form 4 Insider Report for Petco Health & Wellness Company, Inc. (WOOF)

Signature
/s/ Ilene Eskenazi, as Attorney-in-Fact
Issuer symbol
WOOF
Transactions as of
13 Jan 2022
Transactions value $
-$532,973
Form type
4
Filing time
18 Jan 2022, 16:11:20 UTC
Previous filing
10 Jan 2022
Next filing
21 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WOOF Class A Common Stock Tax liability -$533K -28.1K -10.09% $18.99 250K 13 Jan 2022 Direct F1, F2
holding WOOF Class A Common Stock 600 13 Jan 2022 See Footnote F3
holding WOOF Class A Common Stock 600 13 Jan 2022 See Footnote F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The transaction reported reflects the withholding of restricted stock units ("RSUs") in satisfaction of the Reporting Person's tax liability. The RSUs were granted to the Reporting Person on January 13, 2021 pursuant to the Petco Health and Wellness Company, Inc. 2021 Equity Incentive Plan, and a portion vested on January 13, 2022.
F2 Includes 137,500 outstanding RSUs, which each represent the right to receive one share of Class A common stock of the Issuer.
F3 These shares are held in accounts for the Reporting Person's children and the Reporting Person is the custodian of the accounts. The Reporting Person disclaims ownership of the shares held in these custodial accounts, and this report is not an admission that the Reporting Person is the beneficial owner of these shares for purposes of Section 16 or for any other purposes.