James A. Star - Jul 21, 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
Jul 21, 2022
Transactions value $
$0
Form type
4
Date filed
7/25/2022, 04:50 PM
Previous filing
Jun 22, 2022
Next filing
Jun 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CHWY Class A Common Stock Award $0 +5.15K $0.00 5.15K Jul 21, 2022 Direct F1
holding CHWY Class A Common Stock 3.52K Jul 21, 2022 Direct F2
holding CHWY Class A Common Stock 326K Jul 21, 2022 See footnote F3
holding CHWY Class A Common Stock 109K Jul 21, 2022 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units granted to the reporting person on July 21, 2022 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 2023, (2) one year from the date of grant, or (3) a change of control, each subject to the reporting 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.
F2 Represents 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 and a change in control of Chewy, Inc.
F3 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.