SEC Form 4 · accession 0001209191-18-036269
MONRO, INC. · MNRO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peter J Solomon
Director
Period of report
Jun 5, 2018
Accepted (ET)
Jun 7, 2018 · 3:02 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 | Jun 5, 2018 | F | 7,739 | $57.45 | D | 384,831 | D | |
| Common Stock | Jun 5, 2018 | M | 10,000 | $44.46 | A | 394,831 | D | |
| Common StockF1 | holding | — | — | — | 392,570 | D | ||
| Common StockF3 | holding | — | — | — | 493,351 | I | Trustee | |
| Common Stock | holding | — | — | — | 1,000 | I | Spouse |
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) | $44.46 | Jun 5, 2018 | M | 10,000 | D | Aug 6, 2013 | Aug 5, 2018 | Common Stock | 10,000 | 0 | D |
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.
- F2As permitted pursuant to the terms of the 2007 Stock Option Plan, the reporting person utilized his ownership of existing shares in order to exercise options to purchase 10,000 non-qualified stock options, which option exercises are being reported on Tables I and II. The shares were valued at the closing price, respectively, of the Issuer's stock on June 5, 2018, the dates on which the reporting person exercised the options.
- F3Includes 11,802 shares of Class C Preferred Stock of the Issuer convertible into 276,033 shares of Common Stock of the Issuer. These shares are held in trusts 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.