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Chewy, Inc. — Director's Dealing 2023
Jun 16, 2023
30363_dirs_2023-06-16_574527df-2407-4c25-9b85-3e2f92b4ef89.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Chewy, Inc. (CHWY)
CIK: 0001766502
Period of Report: 2023-06-14
Reporting Person: Mehta Satish (Chief Technology Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-06-14 | Class A Common Stock | S | 25445 | $39.7203 | Disposed | 521470 | Direct |
| 2023-06-15 | Class A Common Stock | S | 25346 | $39.8744 | Disposed | 496124 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 223206 | Direct |
Footnotes
F1: Represents "sell to cover" sales effected pursuant to a Rule 10b5-1 trading plan adopted by the filing person 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 6, 2023. The RSUs are subject to time-vesting conditions. With respect to 54,109 of the RSUs, 25% will vest on February 1, 2024 and 12.5% 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 169,097 of the RSUs, 52% will vest on February 1, 2024, 44% will vest on February 1, 2025, and 4% 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.