4//SEC Filing
Bowman Stacy 4
Accession 0001127602-23-018857
CIK 0001766502other
Filed
Jun 15, 8:00 PM ET
Accepted
Jun 16, 4:06 PM ET
Size
12.4 KB
Accession
0001127602-23-018857
Insider Transaction Report
Form 4
Chewy, Inc.CHWY
Bowman Stacy
Principal Accounting Officer
Transactions
- Sale
Class A Common Stock
2023-06-14$39.72/sh−13,571$539,044→ 282,514 total - Sale
Class A Common Stock
2023-06-15$39.87/sh−13,519$539,062→ 268,995 total
Holdings
- 2,267
Class A Common Stock
- 778
Class A Common Stock
- 4,765
Class A Common Stock
- 21,176
Class A Common Stock
- 7,325
Class A Common Stock
Footnotes (6)
- [F1]Represents "sell to cover" sales effected pursuant to a Rule 10b5-1 trading plan adopted by the filing person to cover tax withholding obligations in connection with the vesting of restricted stock units ("RSUs").
- [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]RSUs granted to the filing person on April 7, 2022. 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. Each RSU represents a contingent right to receive one share of Class A common stock of Chewy, Inc.
- [F6]Represents RSUs granted to the filing person on April 6, 2023. The RSUs are subject to time-vesting conditions. With respect to 10,455 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 10,721 of the RSUs, 30% will vest on April 1, 2024, 30% will vest on October 1, 2024, and 40% will vest on April 1, 2025, subject to the filing person's continued employment with Chewy, Inc. through the vesting date. Each RSU represents a contingent right to receive one share of Class A common stock of Chewy, Inc.
Documents
Issuer
Chewy, Inc.
CIK 0001766502
Entity typeother
Related Parties
1- filerCIK 0001778320
Filing Metadata
- Form type
- 4
- Filed
- Jun 15, 8:00 PM ET
- Accepted
- Jun 16, 4:06 PM ET
- Size
- 12.4 KB