Ron Coughlin - 26 Apr 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
26 Apr 2022
Net transactions value
$0
Form type
4
Filing time
28 Apr 2022, 20:59:23 UTC
Previous filing
21 Mar 2022
Next filing
15 Jul 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WOOF Class A Common Stock Award $0 +201,805 +52% $0.000000 592,018 26 Apr 2022 Direct F1, F2
holding WOOF Class A Common Stock 600 26 Apr 2022 See Footnote F3
holding WOOF Class A Common Stock 600 26 Apr 2022 See Footnote F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 201,805 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) 34% on the first anniversary of 04/26/2022 (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 Includes 137,500 outstanding RSUs granted under the 2021 Plan.
F3 These shares are held in accounts for the Reporting Person's children and the Reporting Person is the custodian of the accounts. The Reporting Person disclaims ownership of the shares held in these custodial accounts, 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.