James A. Star - Dec 12, 2023 Form 4 Insider Report for Chewy, Inc. (CHWY)

Role
Director
Signature
/s/ Albert Watson, as Attorney-in-Fact for James A. Star
Stock symbol
CHWY
Transactions as of
Dec 12, 2023
Transactions value $
$300,992
Form type
4
Date filed
12/14/2023, 04:10 PM
Previous filing
Jul 19, 2023
Next filing
Dec 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CHWY Class A Common Stock Purchase $301K +15.4K +13.44% $19.60 130K Dec 12, 2023 Direct F1
holding CHWY Class A Common Stock 326K Dec 12, 2023 See footnote F2
holding CHWY Class A Common Stock 3.52K Dec 12, 2023 Direct F3
holding CHWY Class A Common Stock 4.88K Dec 12, 2023 Direct F4
* 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 $19.22-$20.17, 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 Represents vested restricted stock units ("RSUs") 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.
F4 Represents RSUs granted to the reporting person on July 17, 2023 as compensation for service as a director. The RSUs will vest on the earlier of (1) the date of Chewy, Inc.'s annual meeting of stockholders in 2024, (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 RSU represents a contingent right to receive one share of Class A common stock of Chewy, Inc.