SEC Form 4 · accession 0000899243-15-008527
MONRO, INC. · MNRO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John W Van Heel
Officer — Chief Executive Officer · Director
Period of report
Nov 17, 2015
Accepted (ET)
Nov 19, 2015 · 5:05 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000876427
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Nov 17, 2015 | J | 13,683 | $73.56 | D | 113,351 | D | |
| Common Stock | Nov 17, 2015 | M | 11,250 | $16.30 | A | 124,601 | D | |
| Common Stock | Nov 17, 2015 | M | 22,500 | $15.27 | A | 147,101 | D | |
| Common Stock | Nov 17, 2015 | M | 18,000 | $26.64 | A | 165,101 | D | |
| Common StockF2,F3 | Nov 17, 2015 | S | 5,400 | $73.67 | D | 159,701 | D | |
| Common StockF2,F4 | Nov 18, 2015 | S | 22,698 | $73.51 | D | 137,003 | D | |
| Common StockF2,F5 | Nov 19, 2015 | S | 6,902 | $73.20 | D | 130,101 | D | |
| HOLDINGS | holding | — | — | — | 127,034 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Options (Right to buy) | $16.30 | Nov 17, 2015 | M | 2,812 | D | May 18, 2007 | May 17, 2016 | Common Stock | 2,812 | 8,438 | D |
| Options (Right to buy) | $16.30 | Nov 17, 2015 | M | 2,813 | D | May 18, 2008 | May 17, 2016 | Common Stock | 2,813 | 5,625 | D |
| Options (Right to buy) | $16.30 | Nov 17, 2015 | M | 2,812 | D | May 18, 2009 | May 17, 2016 | Common Stock | 2,812 | 2,813 | D |
| Options (Right to buy) | $16.30 | Nov 17, 2015 | M | 2,813 | D | May 18, 2010 | May 17, 2016 | Common Stock | 2,813 | 0 | D |
| Options (Right to buy) | $15.27 | Nov 17, 2015 | M | 5,625 | D | Oct 9, 2007 | Oct 8, 2016 | Common Stock | 5,625 | 16,875 | D |
| Options (Right to buy) | $15.27 | Nov 17, 2015 | M | 5,625 | D | Oct 9, 2008 | Oct 8, 2016 | Common Stock | 5,625 | 11,250 | D |
| Options (Right to buy) | $15.27 | Nov 17, 2015 | M | 5,625 | D | Oct 9, 2009 | Oct 8, 2016 | Common Stock | 5,625 | 5,625 | D |
| Options (Right to buy) | $15.27 | Nov 17, 2015 | M | 5,625 | D | Oct 9, 2010 | Oct 8, 2016 | Common Stock | 5,625 | 0 | D |
| Options (Right to buy) | $26.64 | Nov 17, 2015 | M | 4,500 | D | Aug 10, 2011 | Aug 9, 2016 | Common Stock | 4,500 | 13,500 | D |
| Options (Right to buy) | $26.64 | Nov 17, 2015 | M | 4,500 | D | Aug 10, 2012 | Aug 9, 2016 | Common Stock | 4,500 | 9,000 | D |
| Options (Right to buy) | $26.64 | Nov 17, 2015 | M | 4,500 | D | Aug 10, 2013 | Aug 9, 2016 | Common Stock | 4,500 | 4,500 | D |
| Options (Right to buy) | $26.64 | Nov 17, 2015 | M | 4,500 | D | Aug 10, 2014 | Aug 9, 2016 | Common Stock | 4,500 | 0 | D |
Explanation of responses
- F1As permitted pursuant to the terms of the 1998 Employee Incentive Stock Option Plan and the 2007 Stock Option Plan, the reporting person delivered these shares to the Issuer in order to pay for the exercise of 51,750 non-qualified stock options reported on Tables I and II that expire within the next 12 months. The shares were valued at the closing price for the Issuer's stock on November 17, 2015, the date on which the reporting person delivered these shares and exercised the options.
- F2The reporting person sold stock on November 17, 18 and 19, 2015, to pay taxes related to the exercise of options during the month. The reporting person's holdings of the Issuer's stock increased by 3,067 shares as a result of the stock option exercise and related sales reported on this form and increased by an aggregate of 22,671 shares as a result of all November activity.
- F3The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $73.50 to $73.74, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price for the transactions being reported on this Form 4.
- F4The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $73.50 to $73.67, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price for the transactions being reported on this Form 4.
- F5The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $73.20 to $73.50, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price for the transactions being reported on this Form 4.