4//SEC Filing
Mehta Satish 4
Accession 0001127602-25-002611
CIK 0001766502other
Filed
Jan 30, 7:00 PM ET
Accepted
Jan 31, 4:05 PM ET
Size
8.4 KB
Accession
0001127602-25-002611
Insider Transaction Report
Form 4
Chewy, Inc.CHWY
Mehta Satish
Chief Technology Officer
Transactions
- Sale
Class A Common Stock
2025-01-30$40.00/sh−83,639$3,345,560→ 334,218 total
Holdings
- 156,744
Class A Common Stock
- 114,986
Class A Common Stock
- 64,931
Class A Common Stock
Footnotes (4)
- [F1]Represents sales effected pursuant to a Rule 10b5-1 trading plan adopted by the filing person on October 6, 2024.
- [F2]Represents restricted stock units ("RSUs") granted to the filing person on April 4, 2024. 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. 20.24% of these RSUs will vest on February 1, 2025, 14.58% will vest on May 1, 2025, 5.06% will vest on August 1, 2025, 5.06% will vest on November 1, 2025, 9.52% will vest on December 1, 2025, and 5.06% will vest on February 1, 2026 and on each three-month anniversary thereafter, subject to the filing person's continued employment with Chewy, Inc. through the applicable vesting date.
- [F3]Represents performance-based restricted stock units ("PRSUs") granted to the filing person. 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 6, 2023 and the amount of PRSUs eligible for vesting was subject to certification of the satisfaction of certain performance conditions for the 2023 fiscal year by the Compensation Committee of the Board of Directors. On March 22, 2024, the Compensation Committee of the Board of Directors certified the achievement of the performance conditions for the PRSUs, which vest on February 1, 2026, 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 6, 2023. The RSUs are subject to time-vesting conditions. With respect to 33,819 of the RSUs, 20% will vest on February 1, 2025 and 20% 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 81,167 of the RSUs, 92% will vest on February 1, 2025, and 8% will vest on February 1, 2026, 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 0001778095
Filing Metadata
- Form type
- 4
- Filed
- Jan 30, 7:00 PM ET
- Accepted
- Jan 31, 4:05 PM ET
- Size
- 8.4 KB