SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
Perricone Jaye D

(Last) (First) (Middle)
19601 N 27TH AVENUE

(Street)
PHOENIX AZ 85027

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
12/17/2007
3. Issuer Name and Ticker or Trading Symbol
PETSMART INC [ PETM ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
SVP Real Estate
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 28,108(1) D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Incentive Stock Option (right to buy) (2) 02/24/2009 Common Stock 10,834 $7.5313 D
Non-Qualified Stock Option (right to buy) (2) 02/05/2012 Common Stock 20,000 $10.55 D
Non-Qualified Stock Option (right to buy) (2) 02/04/2013 Common Stock 19,000 $14.88 D
Non-Qualified Stock Option (right to buy) (2) 02/04/2014 Common Stock 22,000 $23.42 D
Non-Qualified Stock Option (right to buy) (3) 02/05/2013 Common Stock 9,000 $24.04 D
Non-Qualified Stock Option (right to buy) (3) 02/02/2015 Common Stock 9,000 $30.2 D
Non-Qualified Stock Option (right to buy) (4) 02/05/2014 Common Stock 7,844 $31.36 D
Explanation of Responses:
1. The reporting person hold 21,070 shares of restricted stock with a four year cliff vesting. Of the restricted stock 5,500 vests in 2008, 4,200 vests in 2009, 8,500 vests in 2010, and 2,870 vests in 2011. The reporting person also holds 7,038 shares purchased through the Employee Stock Purchase Plan.
2. Options granted pursuant to PETsMART, Inc. 2003 Equity Incentive Plan, as amended. The option vests 25% after one year and 2.0833% per month thereafter for 36 months.
3. Options granted pursuant to PETsMART, Inc. 2003 Equity Incentive Plan, as amended. The option vests 25% per year for four years commencing one year after the vesting commencement date.
4. Options granted pursuant to PetSmart, Inc. 2006 Equity Incentive Plan. The option vests 25% per year for four years commencing one year after the vesting commencement date.
Jaye D Perricone 12/19/2007
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.