SEC Form 4 · accession 0000899243-16-021807
MONRO, INC. · MNRO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peter J Solomon
Director
Period of report
Jun 2, 2016
Accepted (ET)
Jun 6, 2016 · 5:11 pm EDT
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 StockF2,F1 | Jun 2, 2016 | S | 3,000 | $62.2476 | D | 418,826 | D | |
| Common StockF3,F1 | Jun 2, 2016 | S | 3,000 | $62.1125 | D | 415,826 | D | |
| Common Stock (Holdings) | holding | — | — | — | 421,826 | D | ||
| Common StockF4 | holding | — | — | — | 653,351 | I | See Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Includes 10,000 shares of Class C Preferred Stock, which are presently convertible into 233,888 shares of Common Stock of the Issuer.
- F2The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $62.15 to $62.45, 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 (the "SEC"), upon request, full information regarding the number of shares sold.
- F3The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $61.95 to $62.19, 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 (the "SEC"), upon request, full information regarding the number of shares sold.
- F4Includes 22,500 shares of Class C Preferred Stock of the issuer presently convertible into 526,245 shares of Common Stock of the Issuer. These shares are held in trust for the benefit of Mr. Solomon's children and grandchildren. Mr. Solomon is a trustee of such trusts and, accordingly, may be deemed to have a beneficial interest therein. Mr. Solomon expressly disclaims beneficial ownership of securities held by such trusts, and this report shall not be deemed an admission that Mr. Solomon is the beneficial owner of such securities.