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PetMed Express Grants CEO/CTO Inducement Equity

PetMed Express granted CEO Jeff Willard 250,000 restricted shares and 250,000 performance share units (PSUs), and CTO Andrew Parry 100,000 restricted shares as inducements. The restricted stock units vest over three years, and the PSUs are contingent on total shareholder return versus the S&P 600 Specialty Retail index over the same period.

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