Murphy Glenn 4

4 · Petco Health & Wellness Company, Inc. · Filed May 29, 2024

Form 4

Period: 2024-05-24

DirectorExecutive Chairman

Transactions

Award
Employee Stock Option (Right to Buy)
2024-05-24+750,000→ 750,000 total
Exercise: $5.00Exp: 2034-05-24→ Class A Common Stock (750,000 underlying)
Award
Employee Stock Option (Right to Buy)
2024-05-24+1,000,000→ 1,000,000 total
Exercise: $10.00Exp: 2034-05-24→ Class A Common Stock (1,000,000 underlying)
Award
Class A Common Stock
2024-05-24+1,000,000→ 1,000,000 total
Award
Employee Stock Option (Right to Buy)
2024-05-24+1,074,000→ 1,074,000 total
Exercise: $3.58Exp: 2034-05-24→ Class A Common Stock (1,074,000 underlying)
Award
Employee Stock Option (Right to Buy)
2024-05-24+1,000,000→ 1,000,000 total
Exercise: $7.50Exp: 2034-05-24→ Class A Common Stock (1,000,000 underlying)

Holdings

Footnotes (2)

[F1]Represents 1,000,000 restricted stock units ("RSUs") granted to the Reporting Person on May 24, 2024. Each RSU represents the right to receive one share of Class A common stock of the Issuer. The RSUs will vest as to 1/12th at the end of each successive three-month period following May 14, 2024 and will be fully vested on May 14, 2027. The RSUs were granted outside of the Petco Health and Wellness Company, Inc. 2021 Equity Incentive Plan (as amended, the "2021 Plan") as a material inducement to the Reporting Person's acceptance of employment with the Issuer in accordance with NASDAQ Listing Rule 5635(c)(4).
[F2]Represents options to purchase Class A Common Stock of the Issuer. The options will vest as to 1/12th at the end of each successive three-month period following May 14, 2024 and will be fully vested on May 14, 2027. The options were granted outside of the 2021 Plan as a material inducement to the Reporting Person's acceptance of employment with the Issuer in accordance with NASDAQ Listing Rule 5635(c)(4).

Documents

1 file