Ilene Eskenazi - Dec 5, 2022 Form 4 Insider Report for Petco Health & Wellness Company, Inc. (WOOF)

Role
Chief Legal and Human Resources Officer & Secretary
Signature
/s/ Ilene Eskenazi
Stock symbol
WOOF
Transactions as of
Dec 5, 2022
Transactions value $
$0
Form type
4
Date filed
12/7/2022, 07:00 PM
Previous filing
Jul 21, 2022
Next filing
Jan 18, 2023
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 +91.1K +95.85% $0.00 186K Dec 5, 2022 Direct F1, F2
holding WOOF Class A Common Stock 950 Dec 5, 2022 See Footnote F3
holding WOOF Class A Common Stock 950 Dec 5, 2022 See Footnote F3

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 +366K $0.00 366K Dec 5, 2022 Class A Common Stock 366K $10.98 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 91,075 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) 10% on the date that is 6 months following 12/05/2022 (the "Grant Date"); (ii) 20% on the first anniversary of the Grant Date; (iii) 30% on the date that is 18 months following the Grant Date; and (iv) 40% on the second anniversary of the Grant Date.
F2 Includes 82,254 outstanding RSUs granted under the 2021 Plan.
F3 These shares are held by the Reporting Person's children living in her household. The Reporting Person disclaims ownership of the shares held by these children, 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.
F4 Represents options to purchase Class A Common Stock granted under the 2021 Plan. The options will vest in the following installments: (i) 10% on the date that is 6 months following Grant Date; (ii) 20% on the first anniversary of the Grant Date; (iii) 30% on the date that is 18 months following the Grant Date; and (iv) 40% on the second anniversary of the Grant Date.

Remarks:

Chief Legal and Human Resources Officer & Secretary