4//SEC Filing
Bowman Stacy 4
Accession 0001127602-22-027685
CIK 0001766502other
Filed
Dec 15, 7:00 PM ET
Accepted
Dec 16, 5:00 PM ET
Size
11.4 KB
Accession
0001127602-22-027685
Insider Transaction Report
Form 4
Chewy, Inc.CHWY
Bowman Stacy
Principal Accounting Officer
Transactions
- Sale
Class A Common Stock
2022-12-15$40.48/sh−15,729$636,759→ 223,054 total - Sale
Class A Common Stock
2022-12-14$42.79/sh−14,883$636,772→ 238,783 total
Holdings
- 71,696
Class A Common Stock
- 778
Class A Common Stock
- 4,765
Class A Common Stock
- 9,591
Class A Common Stock
Footnotes (5)
- [F1]Represents shares sold to satisfy tax liability upon the vesting of restricted stock units.
- [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 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.
- [F3]Represents restricted stock units granted to the filing person on April 5, 2021. Each restricted stock unit 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 restricted stock units on September 1, 2023, 25% of such restricted stock units will vest on March 1, 2024, and 12.5% of such restricted stock units will vest on each six-month anniversary thereafter, subject to the filing person's continued employment with Chewy, Inc. through the applicable vesting date.
- [F4]Represents restricted stock units granted to the filing person on April 7, 2022. The restricted stock units are subject to time-vesting conditions. With respect to 9,067 of the restricted stock units, 25% of such restricted stock units will vest on February 1, 2023 and 12.5% of such restricted stock units 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 524 of the restricted stock units, 100% of such restricted stock units will vest on March 1, 2024, subject to the filing person's continued employment with 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.
- [F5]Represents restricted stock units. Each restricted stock unit represents a contingent right to receive one share of Class A common stock of Chewy, Inc. The time-vesting condition will be satisfied June 13, 2023, subject to the filing person's continued employment with Chewy, Inc. through such vesting date. The share price condition will be satisfied with respect to a percentage of these restricted stock units, as and when the price per share of Class A common stock specified in Chewy, Inc.'s Registration Statement on Form S-1 (File No. 333-231095), as amended, is achieved, on a weighted-average basis, on every trading day during a consecutive 45-day trading period completed prior to December 14, 2024, subject to the filing person's continued employment with Chewy, Inc. through the applicable vesting date. The share price condition has been satisfied with respect to these restricted stock units.
Documents
Issuer
Chewy, Inc.
CIK 0001766502
Entity typeother
Related Parties
1- filerCIK 0001778320
Filing Metadata
- Form type
- 4
- Filed
- Dec 15, 7:00 PM ET
- Accepted
- Dec 16, 5:00 PM ET
- Size
- 11.4 KB