4//SEC Filing
Stout John Logan 4
Accession 0001127602-25-008622
CIK 0001826470other
Filed
Mar 5, 7:00 PM ET
Accepted
Mar 6, 6:56 PM ET
Size
10.4 KB
Accession
0001127602-25-008622
Insider Transaction Report
Form 4
Stout John Logan
Chief Merchandising Officer
Transactions
- Award
Class A Common Stock
2025-03-04+203,253→ 203,253 total - Award
Employee Stock Option (Right to Buy)
2025-03-04+157,233→ 157,233 totalExercise: $2.46Exp: 2035-03-04→ Class A Common Stock (157,233 underlying) - Award
Performance Stock Unit
2025-03-04+129,534→ 129,534 total→ Class A Common Stock (129,534 underlying)
Footnotes (3)
- [F1]Represents 203,253 restricted stock units ("RSUs") granted under the Petco Health and Wellness Company, Inc. 2021 Equity Incentive Plan (as amended, the "2021 Plan"). Each RSU represents the right to receive one share of Class A common stock of the Issuer. The RSUs will vest in the following installments: (i) 34% on the first anniversary of 3/4/2025 (the "Grant Date"); (ii) 16.5% on the date that is 18 months following the Grant Date; (iii) 16.5% on the second anniversary of the Grant Date; (iv) 16.5% on the date that is 30 months following the Grant Date; and (v) 16.5% on the third anniversary of the Grant Date.
- [F2]Represents options to purchase Class A Common Stock granted under the 2021 Plan. The options will vest as follows: (i) 34% on the first anniversary of the Grant Date; (ii) 16.5% on the date that is 18 months following the Grant Date; (iii) 16.5% on the second anniversary of the Grant Date; (iv) 16.5% on the date that is 30 months following the Grant Date; and (v) 16.5% on the third anniversary of the Grant Date.
- [F3]Represents the target number of PSUs granted under the 2021 Plan. The PSUs represent the right to receive shares of Class A common stock of the Issuer in an amount from 0% to 200% of the target number of PSUs granted. The actual number of PSUs earned will be determined following a performance period ending January 29, 2028, based on the Issuer's total shareholder return during the performance period and subject to continued employment through the vesting date.
Documents
Issuer
Petco Health & Wellness Company, Inc.
CIK 0001826470
Entity typeother
Related Parties
1- filerCIK 0002057323
Filing Metadata
- Form type
- 4
- Filed
- Mar 5, 7:00 PM ET
- Accepted
- Mar 6, 6:56 PM ET
- Size
- 10.4 KB