secwatch.observer — SEC 8-K summary
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Issuer:     PETMED EXPRESS INC (PETS)
CIK:        0001040130
Form:       8-K
Filed at:   2024-05-31T23:59:59+00:00
Accession:  0001040130-24-000032
Event type: leadership
Sentiment:  neutral
Materiality: 0.45
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1040130/000104013024000032/0001040130-24-000032-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1040130/000104013024000032/pets-20240531.htm
  HTML page:      https://secwatch.observer/filing/0001040130-24-000032

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