James A. Star - Jun 13, 2022 Form 4 Insider Report for Chewy, Inc. (CHWY)

Role
Director
Signature
/s/ Susan Helfrick, as Attorney-in-Fact for James A. Star
Stock symbol
CHWY
Transactions as of
Jun 13, 2022
Transactions value $
$4,980,016
Form type
4
Date filed
6/15/2022, 04:30 PM
Previous filing
Jun 8, 2022
Next filing
Jun 22, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CHWY Class A Common Stock Purchase $363K +13.5K +9.34% $26.92 158K Jun 13, 2022 See footnote F1, F2
transaction CHWY Class A Common Stock Purchase $4.62M +168K +106.31% $27.48 326K Jun 13, 2022 See footnote F2, F3
holding CHWY Class A Common Stock 111K Jun 13, 2022 Direct F4
holding CHWY Class A Common Stock 1.62K Jun 13, 2022 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions in prices ranging from $26.70-$26.99, 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 purchased at each separate price within the range set forth in footnote 1 to this Form 4.
F2 Represents shares of Class A Common Stock owned by Downstream Partners, LP, in which the reporting person and his spouse have an indirect interest through a family trust. The reporting person disclaims beneficial ownership of the shares except to the extent of his pecuniary interest therein.
F3 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions in prices ranging from $27.00-$28.00, 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 purchased at each separate price within the range set forth in footnote 3 to this Form 4.
F4 Represents (i) shares of Class A Common Stock directly held by the reporting person and (ii) vested restricted stock units that remain unsettled and will settle on the earliest of the date of the reporting person leaving the Board of Directors, the reporting person's death or disability and a change in control of Chewy, Inc.
F5 Represents restricted stock units granted to the filing person on July 15, 2021 as compensation for service as a director. The restricted stock units will vest on the earlier of (1) the date of Chewy, Inc.'s annual meeting of stockholders in 2022, or (2) one year from the date of grant, each subject to the filing person's continued service as a director on the Board of Directors of Chewy, Inc. through the vesting date. Each restricted stock unit represents a contingent right to receive one share of Class A common stock of Chewy, Inc.