Ron Coughlin - Jan 16, 2024 Form 4 Insider Report for Petco Health & Wellness Company, Inc. (WOOF)

Role
CEO & Chairman, Director
Signature
/s/ Giovanni Insana, as Attorney-in-Fact
Stock symbol
WOOF
Transactions as of
Jan 16, 2024
Transactions value $
-$59,362
Form type
4
Date filed
1/18/2024, 07:21 PM
Previous filing
Oct 30, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WOOF Class A Common Stock Tax liability -$59.4K -20.8K -2.04% $2.86 998K Jan 16, 2024 Direct F1, F2
holding WOOF Class A Common Stock 600 Jan 16, 2024 See Footnote F3
holding WOOF Class A Common Stock 600 Jan 16, 2024 See Footnote F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The transaction reported reflects the withholding of restricted stock units ("RSUs") in satisfaction of the Reporting Person's tax liability. The RSUs were granted to the Reporting Person on January 13, 2021 pursuant to the Petco Health and Wellness Company, Inc. 2021 Equity Incentive Plan (as amended, the "2021 Plan"), and a portion vested on January 13, 2024.
F2 Includes 568,990 outstanding RSUs granted under the 2021 Plan. Each RSU represents the right to receive one share of Class A common stock of the Issuer.
F3 These shares are held in accounts for the Reporting Person's children and the Reporting Person is the custodian of the accounts. The Reporting Person disclaims ownership of the shares held in these custodial accounts, and this report is not an admission that the Reporting Person is the beneficial owner of these shares for purposes of Section 16 or for any other purposes.