Petco Health + Wellness Company, Inc. Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

SOURCE Petco - Investor Relations The inducement awards consist of (i) 1,492,538 restricted stock units, (ii) 1,492,538 target performance stock units, (iii) non-qualified stock options to purchase 1,366,121 shares of Petco's Class A common stock with an exercise price of $5.00, and (iv) non-qualified stock options to purchase 1,381,216 shares of Petco's Class A common stock with an exercise price of$7.50. The restricted stock units and stock options will vest as to 34% on the first anniversary of July 29, ...