Filing Details

Accession Number:
0000899243-19-029857
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-12-20 19:42:36
Reporting Period:
2019-12-18
Accepted Time:
2019-12-20 19:42:36
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1766502 Chewy Inc. CHWY Retail-Catalog & Mail-Order Houses (5961) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1777085 Jesus Mario Marte 1855 Griffin Road, Suite B-428
Dania Beach FL 33004
Chief Financial Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Disposition 2019-12-18 28,831 $28.04 145,493 No 4 S Direct
Class A Common Stock Disposition 2019-12-19 30,854 $28.48 114,639 No 4 S Direct
Class A Common Stock Disposition 2019-12-19 25,000 $28.60 89,639 No 4 S Direct
Class A Common Stock Disposition 2019-12-19 7,150 $28.70 82,489 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 1,433,919 Direct
Footnotes
  1. Represents shares sold to satisfy tax liability upon settlement of restricted stock units.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions in prices ranging from $28.600 to $28.620, inclusive. The reporting person undertakes to provide to Chewy, Inc., any securityholder of Chewy, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote 2 to this Form 4.
  3. Represents restricted stock units that will vest based on time vesting and share price conditions. Each restricted stock unit represents a contingent right to receive one share of Class A common stock of Chewy, Inc. The time-vesting condition will be satisfied with respect to 25% of these restricted stock units on June 13, 2020 and then with respect to 12.5% of these restricted stock units at the end of each six-month period thereafter, subject to the filing person's continued employment with Chewy, Inc. through the applicable vesting date.
  4. (Continued from Footnote 3) The share price condition will be satisfied with respect to a percentage of these restricted stock units, as and when the price per share of Class A common stock specified in Chewy, Inc.'s Registration Statement on Form S-1 (File No. 333-231095), as amended, is achieved, on a weighted-average basis, on every trading day during a consecutive 45-day trading period completed prior to June 13, 2024, subject to the filing person's continued employment with Chewy, Inc. through the applicable vesting date. The share price condition has currently been satisfied with respect to 72.5% of these restricted stock units.