Michael Nuzzo - 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
Net transactions value
-$669,435
Form type
4
Filing time
18 Jan 2022, 16:16:54 UTC
Previous filing
11 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 $669,435 -35,252 -14% $18.99 219,089 13 Jan 2022 Direct F1, F2
* 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 165,000 outstanding RSUs, which each represent the right to receive one share of Class A common stock of the Issuer.

Remarks:

EVP, COO & President of Petco Services