4//SEC Filing
Mehta Satish 4
Accession 0001127602-25-003155
CIK 0001766502other
Filed
Feb 4, 7:00 PM ET
Accepted
Feb 5, 4:05 PM ET
Size
10.0 KB
Accession
0001127602-25-003155
Insider Transaction Report
Form 4
Chewy, Inc.CHWY
Mehta Satish
Chief Technology Officer
Transactions
- Sale
Class A Common Stock
2025-02-04$37.96/sh−11,645$442,095→ 423,706 total - Sale
Class A Common Stock
2025-02-03$38.14/sh−11,755$448,293→ 435,351 total
Holdings
- 125,022
Class A Common Stock
- 64,931
Class A Common Stock
- 33,820
Class A Common Stock
Footnotes (4)
- [F1]Represents "sell to cover" sales effected pursuant to a Rule 10b5-1 trading plan adopted by the filing person on April 15, 2022 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 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. 18.28% of these RSUs will vest on May 1, 2025, 6.34% will vest on August 1, 2025, 6.34% will vest on November 1, 2025, 11.94% will vest on December 1, 2025, and 6.34% 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. 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 27,056 of the RSUs, 25% will vest on August 1, 2025 and 25% 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 6,764 of the RSUs, 100% will vest on February 1, 2026, subject to the filing person's continued employment with Chewy, Inc. through the vesting date.
Documents
Issuer
Chewy, Inc.
CIK 0001766502
Entity typeother
Related Parties
1- filerCIK 0001778095
Filing Metadata
- Form type
- 4
- Filed
- Feb 4, 7:00 PM ET
- Accepted
- Feb 5, 4:05 PM ET
- Size
- 10.0 KB