Sabrina Simmons - Mar 4, 2025 Form 4 Insider Report for Petco Health & Wellness Company, Inc. (WOOF)

Role: Chief Financial Officer
Signature: /s/ Giovanni Insana, as Attorney-in-Fact
Stock symbol: WOOF
Transactions as of: Mar 4, 2025
Transactions value $: $0
Form type: 4
Date filed: 3/6/2025, 06:51 PM
Previous filing: Jul 31, 2024
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	+407K	+416.19%	$0.00	504K	Mar 4, 2025	Direct	F1
transaction	WOOF	Class A Common Stock	Award	$0	+1.02M	+201.57%	$0.00	1.52M	Mar 4, 2025	Direct	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	+314K		$0.00	314K	Mar 4, 2025	Class A Common Stock	314K	$2.46	Direct	F3
transaction	WOOF	Performance Stock Unit	Award	$0	+259K		$0.00	259K	Mar 4, 2025	Class A Common Stock	259K		Direct	F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents 406,505 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.
F2	Represents 1,016,261 RSUs granted under 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 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.
F3	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.
F4	Represents the target number of performance stock units ("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.