PetMed Express CFO Chambers to depart after transition; accelerated vesting of equity awards

PETMED EXPRESS INC

CFO Christine Chambers will exit after transition period ending ~5 biz days after June 30, 2024 10-Q filing (or earlier on 15 days' notice).
Mutual termination of employment agreement; Chambers remains full-time during transition.
Upon successful transition and release, unvested RSA shares (8,667), RSUs (7,832), and special RSUs (37,425) to vest.
Company has commenced search for successor CFO; Chambers will cooperate in transition.
Chambers resigns as CFO, Treasurer, Secretary at Employment Termination Date; continues restrictions under prior agreements.

item 5.02 item 9.01

Executive movements

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Departed

Christine Chambers

Chief Financial Officer, Treasurer, and Secretary

PETS · PETMED EXPRESS INC

Filed: May 31, 2024, 7:59 PM ET

On May 31, 2024, PetMed Express, Inc. (the “Company”) entered into a Transition and Separation Agreement (the “Agreement”) with Christine Chambers, the Company’s Chief Financial Officer, Treasurer, and Secretary, pursuant to which the Company and Ms. Chambers agreed to the mutual termination of Ms. Chambers’ employment with the Company following a transition period.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Christine Chambers resigned as Chief Financial Officer, Treasurer, and Secretary at PETMED EXPRESS INC.

Action: resigned
Role: Chief Financial Officer, Treasurer, and Secretary

Exact text from the filing

On May 31, 2024, PetMed Express, Inc. (the “Company”) entered into a Transition and Separation Agreement (the “Agreement”) with Christine Chambers, the Company’s Chief Financial Officer, Treasurer, and Secretary, pursuant to which the Company and Ms. Chambers agreed to the mutual termination of Ms. Chambers’ employment with the Company following a transition period.

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PETMED EXPRESS INC filing history →

Source: SEC EDGAR

accession 0001040130-24-000032

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