Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | CHWY | Class A Common Stock | Award | $0 | +21.4K | +101.25% | $0.00 | 42.6K | Jun 26, 2023 | Direct | F1 |
holding | CHWY | Class A Common Stock | 269K | Jun 26, 2023 | Direct | ||||||
holding | CHWY | Class A Common Stock | 2.27K | Jun 26, 2023 | Direct | F2 | |||||
holding | CHWY | Class A Common Stock | 778 | Jun 26, 2023 | Direct | F3 | |||||
holding | CHWY | Class A Common Stock | 4.77K | Jun 26, 2023 | Direct | F4 | |||||
holding | CHWY | Class A Common Stock | 7.33K | Jun 26, 2023 | Direct | F5 |
Id | Content |
---|---|
F1 | The reported securities represent an adjustment to the 21,176 restricted stock units ("RSUs") granted to the filing person on April 6, 2023, and reported on a Form 4 filed on April 10, 2023. Each RSU represents a contingent right to receive one share of Class A common stock of Chewy, Inc. The RSUs are subject to time-vesting conditions. Inclusive of the original granted amounts, the vesting schedule is as follows. With respect to 10,453 of the RSUs, 25% will vest on February 1, 2024 and 12.5% will vest on each six-month anniversary thereafter, subject to the filing person's continued employment with Chewy, Inc. through the applicable vesting date. With respect to 32,163 of the RSUs, 100% will vest on April 1, 2024, subject to the filing person's continued employment with Chewy, Inc. through the vesting date. |
F2 | Represents performance-based restricted stock units ("PRSUs"). 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 7, 2022 and the amount of PRSUs eligible for vesting was subject to certification of the satisfaction of certain performance conditions for the 2022 fiscal year by the Compensation Committee of the Board of Directors. On March 14, 2023, the Compensation Committee of the Board of Directors certified the achievement of the performance conditions for the PRSUs, which vest on February 1, 2025, subject to the filing person's continued employment with Chewy, Inc. through the vesting date. |
F3 | Represents PRSUs. 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 continued employment with Chewy, Inc. through the vesting date. |
F4 | Represents RSUs granted to the filing person on April 5, 2021. Each RSU 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 50% of these RSUs on September 1, 2023, 25% of such RSUs will vest on March 1, 2024, and 12.5% of such RSUs will vest on each six-month anniversary thereafter, subject to the filing person's continued employment with Chewy, Inc. through the applicable vesting date. |
F5 | Represents RSUs granted to the filing person on April 7, 2022. Each RSU represents a contingent right to receive one share of Class A common stock of Chewy, Inc. The RSUs are subject to time-vesting conditions. With respect to 6,801 of the RSUs, 16.66% of such RSUs will vest on each six-month anniversary of February 1, 2023, subject to the filing person's continued employment with Chewy, Inc. through the applicable vesting date. With respect to 524 of the RSUs, 100% of such RSUs will vest on March 1, 2024, subject to the filing person's continued employment with Chewy, Inc. through the vesting date. |