Ron Coughlin - Mar 17, 2022 Form 4 Insider Report for Petco Health & Wellness Company, Inc. (WOOF)

Signature
/s/ Ilene Eskenazi, as Attorney-in-Fact
Stock symbol
WOOF
Transactions as of
Mar 17, 2022
Transactions value $
-$2,658,054
Form type
4
Date filed
3/21/2022, 09:41 PM
Previous filing
Jan 18, 2022
Next filing
Apr 28, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WOOF Class A Common Stock Award $0 +278K +111.04% $0.00 528K Mar 17, 2022 Direct F1
transaction WOOF Class A Common Stock Tax liability -$2.66M -138K -26.09% $19.30* 390K Mar 17, 2022 Direct F2, F3
holding WOOF Class A Common Stock 600 Mar 17, 2022 See Footnote F4
holding WOOF Class A Common Stock 600 Mar 17, 2022 See Footnote F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of Class A common stock of the Issuer received upon the vesting and settlement of performance stock units ("PSUs") granted on January 13, 2021 under the Petco Health and Wellness Company, Inc. 2021 Equity Incentive Plan.
F2 The transaction reported reflects the withholding of PSUs in satisfaction of the Reporting Person's tax liability as a result of the vesting and settlement of the PSUs.
F3 Includes 137,500 outstanding restricted stock units, which each represent the right to receive one share of Class A common stock of the Issuer.
F4 These shares are held in accounts for the Reporting Person's children and the Reporting Person is the custodian of the accounts. The Reporting Person disclaims ownership of the shares held in these custodial accounts, and this report is not an admission that the Reporting Person is the beneficial owner of these shares for purposes of Section 16 or for any other purposes.