Michael Nuzzo - Mar 17, 2022 Form 4 Insider Report for Petco Health & Wellness Company, Inc. (WOOF)

Signature
/s/ Ilene Eskenazi, as Attorney-in-Fact
Stock symbol
WOOF
Transactions as of
Mar 17, 2022
Transactions value $
-$1,063,237
Form type
4
Date filed
3/21/2022, 09:41 PM
Previous filing
Jan 18, 2022
Next filing
Apr 28, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WOOF Class A Common Stock Award $0 +111K +50.72% $0.00 330K Mar 17, 2022 Direct F1
transaction WOOF Class A Common Stock Tax liability -$1.06M -55.1K -16.68% $19.30 275K Mar 17, 2022 Direct F2, F3
* 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 of the Issuer received upon the vesting and settlement of performance stock units ("PSUs") granted on January 13, 2021 under the Petco Health and Wellness Company, Inc. 2021 Equity Incentive Plan.
F2 The transaction reported reflects the withholding of PSUs in satisfaction of the Reporting Person's tax liability as a result of the vesting and settlement of the PSUs.
F3 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