Chambers Christine 4
4 · PETMED EXPRESS INC · Filed Jun 4, 2024
Insider Transaction Report
Form 4
Transactions
- Disposition to Issuer
Performance Share Units
2024-05-31−8,000→ 0 totalExp: 2026-06-15→ Common Stock (8,000 underlying) - Disposition to Issuer
Common Stock
2024-05-31−41,342→ 65,146 total
Footnotes (3)
- [F1]Represents the forfeiture as a result of the Transition and Separation Agreement dated May 31, 2024 between the Company and the reporting person ("Agreement") of (i) 3,917 restricted stock units granted pursuant to the PetMed Express, Inc.'s 2022 Employee Equity Compensation Plan ("2022 Plan") on June 15, 2023, and (ii) 37,425 restricted stock units granted pursuant to the 2022 Plan on May 16, 2024.
- [F2]Performance Share Units ("PSUs") granted pursuant to the Plan. Each PSU represents a contingent right to receive one share of the Company's Common Stock if predetermined levels of the Company's total shareholder return relative to the S&P 600 Specialty Retail Index are achieved over a three-year performance period ending on March 31, 2026.
- [F3]Represents the forfeiture as a result of the Agreement of 8,000 performance stock units granted pursuant to the 2022 Plan on June 15, 2023.