Michael Nuzzo - 26 Apr 2022 Form 4 Insider Report for Petco Health & Wellness Company, Inc. (WOOF)

Role
COO & President of Petco Services
Signature
/s/ Ilene Eskenazi, as Attorney-in-Fact
Issuer symbol
WOOF
Transactions as of
26 Apr 2022
Net transactions value
$0
Form type
4
Filing time
28 Apr 2022, 20:54:56 UTC
Previous filing
21 Mar 2022
Next filing
15 Jul 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WOOF Class A Common Stock Award $0 +28,491 +10% $0.000000 303,602 26 Apr 2022 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction WOOF Employee Stock Option (right to buy) Award $0 +69,445 $0.000000 69,445 26 Apr 2022 Class A Common Stock 69,445 $21.06 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 28,491 restricted stock units ("RSUs") granted under the Petco Health and Wellness Company, Inc. 2021 Equity Incentive Plan (the "2021 Plan"). Each RSU represents the right to receive one share of Class A common stock of the Issuer ("Class A Common Stock"). The RSUs will vest in the following installments: (i) 34% on the first anniversary of 04/26/2022 (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 165,000 outstanding RSUs granted under the 2021 Plan.
F3 Represents options to purchase Class A Common Stock granted under the 2021 Plan. The options will vest in the following installments: (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.

Remarks:

COO & President of Petco Services