SEC Form 4 · accession 0000899243-16-033924
MONRO, INC. · MNRO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Amico Catherine D
Officer — Chief Executive Officer
Period of report
Nov 16, 2016
Accepted (ET)
Nov 18, 2016 · 5:51 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 16, 2016 | F | 11,160 | $58.05 | D | 178,363 | D | |
| Common Stock | Nov 16, 2016 | M | 11,250 | $15.39 | A | 189,613 | D | |
| Common Stock | Nov 16, 2016 | M | 9,000 | $18.05 | A | 198,613 | D | |
| Common Stock | Nov 16, 2016 | M | 8,000 | $39.03 | A | 206,613 | D | |
| Common StockF2,F3 | Nov 16, 2016 | F | 8,813 | $58.05 | D | 197,800 | D | |
| Common Stock | Nov 16, 2016 | S | 600 | $58.50 | D | 197,200 | D | |
| Common Stock | Nov 17, 2016 | G | 1,750 | $57.95 | D | 195,450 | D | |
| Common Stock | Nov 18, 2016 | S | 8,450 | $58.00 | D | 187,000 | D | |
| HOLDINGS | holding | — | — | — | 189,523 | 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) | $15.39 | Nov 16, 2016 | M | 2,812 | D | May 17, 2008 | May 16, 2017 | Common Stock | 2,812 | 8,438 | D |
| Options (Right to buy) | $15.39 | Nov 16, 2016 | M | 2,813 | D | May 17, 2009 | May 16, 2017 | Common Stock | 2,813 | 5,625 | D |
| Options (Right to buy) | $15.39 | Nov 16, 2016 | M | 2,812 | D | May 17, 2010 | May 16, 2017 | Common Stock | 2,812 | 2,813 | D |
| Options (Right to buy) | $15.39 | Nov 16, 2016 | M | 2,813 | D | May 17, 2011 | May 16, 2017 | Common Stock | 2,813 | 0 | D |
| Options (Right to buy) | $18.05 | Nov 16, 2016 | M | 2,250 | D | May 20, 2010 | May 19, 2019 | Common Stock | 2,250 | 6,750 | D |
| Options (Right to buy) | $18.05 | Nov 16, 2016 | M | 2,250 | D | May 20, 2011 | May 19, 2019 | Common Stock | 2,250 | 4,500 | D |
| Options (Right to buy) | $18.05 | Nov 16, 2016 | M | 2,250 | D | May 20, 2012 | May 19, 2019 | Common Stock | 2,250 | 2,250 | D |
| Options (Right to buy) | $18.05 | Nov 16, 2016 | M | 2,250 | D | May 20, 2013 | May 19, 2019 | Common Stock | 2,250 | 0 | D |
| Options (Right to buy) | $39.03 | Nov 16, 2016 | M | 2,000 | D | May 15, 2013 | May 14, 2018 | Common Stock | 2,000 | 6,000 | D |
| Options (Right to buy) | $39.03 | Nov 16, 2016 | M | 2,000 | D | May 15, 2014 | May 14, 2018 | Common Stock | 2,000 | 4,000 | D |
| Options (Right to buy) | $39.03 | Nov 16, 2016 | M | 2,000 | D | May 15, 2015 | May 14, 2018 | Common Stock | 2,000 | 2,000 | D |
| Options (Right to buy) | $39.03 | Nov 16, 2016 | M | 2,000 | D | May 15, 2016 | May 14, 2018 | Common Stock | 2,000 | 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 utilized her ownership of existing shares in order to exercise options to purchase 28,250 non-qualified stock options, which option exercises are being reported on Tables I and II. The shares were valued at the closing price, respectively, for the Issuer's stock on November 16, 2016, the dates on which the reporting person exercised the options.
- F2As permitted pursuant to the terms of the 1998 Employee Incentive Stock Option Plan and the 2007 Stock Option Plan, the reporting person satisfied any requisite taxes incurred as a result of the option exercises being reported on Tables I and II of this Form 4 by the Issuer withholding shares otherwise deliverable from the exercise of the options.
- F3The reporting person's holdings of Monro stock increased by 8,277 shares as a result of these transactions, which were completed for purposes of estate and tax planning.