Mario Jesus Marte - Nov 15, 2021 Form 4 Insider Report for Chewy, Inc. (CHWY)

Signature
/s/ Susan Helfrick, as Attorney-in-Fact for Mario Jesus Marte
Stock symbol
CHWY
Transactions as of
Nov 15, 2021
Transactions value $
-$6,293,762
Form type
4
Date filed
11/17/2021, 03:41 PM
Previous filing
Aug 13, 2021
Next filing
Dec 16, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CHWY Class A Common Stock Sale -$2.79M -37.2K -43.74% $74.93 47.8K Nov 15, 2021 Direct F1, F2
transaction CHWY Class A Common Stock Sale -$834K -11K -23.04% $75.75 36.8K Nov 15, 2021 Direct F1, F3
transaction CHWY Class A Common Stock Sale -$139K -1.81K -4.92% $77.03 35K Nov 15, 2021 Direct F1, F4
transaction CHWY Class A Common Stock Sale -$1.83M -24.4K -69.85% $74.92 10.6K Nov 15, 2021 Direct F1, F5
transaction CHWY Class A Common Stock Sale -$614K -8.11K -76.87% $75.73 2.44K Nov 15, 2021 Direct F1, F6
transaction CHWY Class A Common Stock Sale -$88.7K -1.15K -47.17% $77.04 1.29K Nov 15, 2021 Direct F1, F7
holding CHWY Class A Common Stock 30K Nov 15, 2021 Direct F8
holding CHWY Class A Common Stock 717K Nov 15, 2021 Direct F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents sales effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transaction in prices ranging from $74.44 to $75.43, inclusive. The reporting person undertakes to provide to Chewy, Inc., any security holder of Chewy, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes 2 through 7 to this Form 4.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transaction in prices ranging from $75.44 to $76.27, inclusive.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transaction in prices ranging from $76.66 to $77.40, inclusive.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transaction in prices ranging from $74.44 to $75.44, inclusive.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transaction in prices ranging from $75.44 to $76.20, inclusive.
F7 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transaction in prices ranging from $76.54 to $77.41, inclusive.
F8 Represents restricted stock units granted to the filing person on April 5, 2021. 50% of the restricted stock units will vest on March 1, 2022, and the remaining 50% of the restricted stock units will vest on March 1, 2023, subject to the filing person's continued employment with Chewy, Inc. through the applicable vesting date. Each restricted stock unit represents a contingent right to receive one share of Class A common stock of Chewy, Inc.
F9 Represents restricted stock units. Each restricted stock unit represents a contingent right to receive one share of Class A common stock of Chewy, Inc. The time-vesting condition will be satisfied with respect to 25% of these restricted stock units on December 13, 2021 and at the end of each six-month period thereafter, subject to the filing person's continued employment with Chewy, Inc. through the applicable vesting date. The share price condition will be satisfied with respect to a percentage of these restricted stock units, as and when the price per share of Class A common stock specified in Chewy, Inc.'s Registration Statement on Form S-1 (File No. 333-231095), as amended, is achieved, on a weighted-average basis, on every trading day during a consecutive 45-day trading period completed prior to December 14, 2024, subject to the filing person's continued employment with Chewy, Inc. through the applicable vesting date. The share price condition has been satisfied with respect to 100% of these restricted stock units.