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4//SEC Filing

Bowman Stacy 4

Accession 0001127602-24-008789

CIK 0001766502other

Filed

Mar 5, 7:00 PM ET

Accepted

Mar 6, 4:07 PM ET

Size

9.2 KB

Accession

0001127602-24-008789

Insider Transaction Report

Form 4
Period: 2024-03-04
Bowman Stacy
Principal Accounting Officer
Transactions
  • Sale

    Class A Common Stock

    2024-03-04$17.79/sh604$10,748219,631 total
Holdings
  • Class A Common Stock

    4,535
  • Class A Common Stock

    1,192
  • Class A Common Stock

    2,267
  • Class A Common Stock

    40,003
Footnotes (5)
  • [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 RSUs granted to the filing person on April 6, 2023 and June 26, 2023. Each RSU represents a contingent right to receive one share of Class A common stock of Chewy, Inc. The RSUs are subject to time-vesting conditions. With respect to 7,840 of the RSUs, 16.7% will vest on each six-month anniversary of February 1, 2024, subject to the filing person's continued employment with Chewy, Inc. through the applicable vesting date. With respect to 32,163 of the RSUs, 100% will vest on April 1, 2024, subject to the filing person's continued employment with Chewy, Inc. through the vesting date.
  • [F3]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.
  • [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. 50% of these RSUs will vest on September 1, 2024, and 50% of these RSUs will vest on March 1, 2025, subject to the filing person's continued employment with Chewy, Inc. through the applicable vesting date.
  • [F5]Represents RSUs granted to the filing person on April 7, 2022. Each RSU represents a contingent right to receive one share of Class A common stock of Chewy, Inc. 25% of these RSUs will vest on each six-month anniversary of February 1, 2024, subject to the filing person's continued employment with Chewy, Inc. through the applicable vesting date.

Issuer

Chewy, Inc.

CIK 0001766502

Entity typeother

Related Parties

1
  • filerCIK 0001778320

Filing Metadata

Form type
4
Filed
Mar 5, 7:00 PM ET
Accepted
Mar 6, 4:07 PM ET
Size
9.2 KB