Jason Heffelfinger - Dec 5, 2022 Form 4 Insider Report for Petco Health & Wellness Company, Inc. (WOOF)

Role: Chief Services Officer
Signature: /s/ Ilene Eskenazi, as Attorney-in-Fact
Stock symbol: WOOF
Transactions as of: Dec 5, 2022
Transactions value $: $0
Form type: 4
Date filed: 12/7/2022, 07:00 PM
Previous filing: Aug 15, 2022
Next filing: Jan 18, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WOOF	Class A Common Stock	Award	$0	+91.1K	+287.05%	$0.00	123K	Dec 5, 2022	Direct	F1, 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	+366K		$0.00	366K	Dec 5, 2022	Class A Common Stock	366K	$10.98	Direct	F3

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

Explanation of Responses:

Id	Content
F1	Represents 91,075 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) 10% on the date that is 6 months following 12/05/2022 (the "Grant Date"); (ii) 20% on the first anniversary of the Grant Date; (iii) 30% on the date that is 18 months following the Grant Date; and (iv) 40% on the second anniversary of the Grant Date.
F2	Includes 28,790 outstanding RSUs granted under the 2021 Plan.
F3	Represents options to purchase Class A Common Stock granted under the 2021 Plan. The options will vest in the following installments: (i) 10% on the date that is 6 months following Grant Date; (ii) 20% on the first anniversary of the Grant Date; (iii) 30% on the date that is 18 months following the Grant Date; and (iv) 40% on the second anniversary of the Grant Date.