Sumit Singh - 31 Mar 2022 Form 4 Insider Report for Chewy, Inc. (CHWY)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
04 Apr 2022, 16:33:22 UTC
Prior SEC filing
08 Mar 2022
Next SEC filing
11 Apr 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Susan Helfrick, as Attorney-in-Fact for Sumit Singh

Key filing fact

Sumit Singh filed Form 4 for Chewy, Inc. (CHWY) on 04 Apr 2022.

Key facts

  • This page summarizes Sumit Singh's Form 4 filing for Chewy, Inc. (CHWY).
  • 1 reported transaction and 0 derivative rows are listed below.
  • Accepted by SEC: 04 Apr 2022, 16:33.

Change

  • Previous filing in this sequence was filed on 08 Mar 2022.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

CHWY transaction

Class A Common Stock

Award

Transaction value
$0
Shares
+679
Change %
Price
$0.000000
Shares after
679
Date
31 Mar 2022
Ownership
By Spouse
Footnotes
F1
CHWY holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
5,070
Date
31 Mar 2022
Ownership
By spouse
Footnotes
F2
CHWY holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
107,544
Date
31 Mar 2022
Ownership
By spouse
Footnotes
F3
CHWY holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
62,500
Date
31 Mar 2022
Ownership
Direct
Footnotes
F4
CHWY holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
1,120,251
Date
31 Mar 2022
Ownership
Direct
Footnotes
F5
CHWY holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
48,877
Date
31 Mar 2022
Ownership
By spouse
CHWY holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
504,534
Date
31 Mar 2022
Ownership
Direct
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

Represents performance-based restricted stock units ("PRSUs") granted to the filing person's spouse. Each PRSU represents a contingent right to receive one share of Class A common stock of Chewy, Inc. The PRSUs were initially granted on April 5, 2021 and the amount of PRSUs eligible for vesting was subject to certification of the satisfaction of certain performance conditions for the 2021 fiscal year by the Compensation Committee of the Board of Directors. On March 31, 2022, the Compensation Committee of the Board of Directors certified the achievement of the performance conditions for the PRSUs, which vest on March 1, 2024, subject to the filing person's spouse's continued employment with Chewy, Inc. through the vesting date.

Footnote F2

Represents restricted stock units granted to the filing person's spouse on April 5, 2021. Each restricted stock unit represents a contingent right to receive one share of Class A common stock of Chewy, Inc. With respect to 4,154 of the restricted stock units, 50% of such restricted stock units will vest on September 1, 2023, 25% of such restricted stock units will vest on March 1, 2024, and 12.5% of such restricted stock units will vest on each six-month anniversary thereafter, subject to the filing person's spouse's continued employment with Chewy, Inc. through the applicable vesting date. The remaining 916 of the restricted stock units will vest on March 1, 2023, subject to the filing person's spouse's continued employment with Chewy, Inc. through the applicable vesting date.

Footnote F3

Represents restricted stock units granted to the filing person's spouse. 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 33.33% of these restricted stock units on June 13, 2022 and at the end of each six-month period thereafter, subject to the filing person's spouse'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 spouse'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.

Footnote F4

Represents restricted stock units granted to the filing person on April 5, 2021. Each restricted stock unit represents a contingent right to receive one share of Class A common stock of Chewy, Inc. The restricted stock units will vest on March 1, 2023, subject to the filing person's continued employment with Chewy, Inc. through the vesting date.

Footnote F5

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 33.33% of these restricted stock units on June 13, 2022 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.

We use cookies and similar technologies to provide certain features, enhance the user experience and, if you allow them, measure engagement and deliver advertising. Analytics and marketing storage stay off until you grant consent. By clicking on "Agree and continue", you declare your consent to the use of the selected optional cookies. Manage preferences to update or revoke optional consent for future visits. For more information, see our Privacy Policy .