JAMES A. STAR - 17 Jul 2023 Form 4 Insider Report for Chewy, Inc. (CHWY)

Role
Director
Signature
/s/ Michael Morant, as Attorney-in-Fact for James A. Star
Issuer symbol
CHWY
Transactions as of
17 Jul 2023
Transactions value $
$0
Form type
4
Filing time
19 Jul 2023, 16:47:32 UTC
Previous filing
14 Jun 2023
Next filing
14 Dec 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CHWY Class A Common Stock Award $0 +4.88K $0.00 4.88K 17 Jul 2023 Direct F3
holding CHWY Class A Common Stock 114K 17 Jul 2023 Direct
holding CHWY Class A Common Stock 326K 17 Jul 2023 See footnote F1
holding CHWY Class A Common Stock 3.52K 17 Jul 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of Class A Common Stock owned by Downstream Partners, LP, in which the reporting person and his spouse have an indirect interest through a family trust. The reporting person disclaims beneficial ownership of the shares except to the extent of his pecuniary interest therein.
F2 Represents vested RSUs that remain unsettled and will settle on the earliest of the date of the reporting person leaving the Board of Directors and a change in control of Chewy, Inc.
F3 Represents restricted stock units ("RSUs") granted to the reporting person on July 17, 2023 as compensation for service as a director. The RSUs will vest on the earlier of (1) the date of Chewy, Inc.'s annual meeting of stockholders in 2024, (2) one year from the date of grant, or (3) a change of control, each subject to the reporting person's continued service as a director on the Board of Directors of Chewy, Inc. through the vesting date. Each RSU represents a contingent right to receive one share of Class A common stock of Chewy, Inc.