SEC Form 4 · accession 0001209191-17-028685
PATTERSON COMPANIES, INC. · PDCO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ann B Gugino
Officer — Executive Vice President & CFO
Period of report
Apr 26, 2017
Accepted (ET)
Apr 28, 2017 · 4:06 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000891024
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2,F3,F4 | Apr 26, 2017 | F | 270 | $44.58 | D | 29,745 | D | |
| Common StockF5 | holding | — | — | — | 9,050 | I | By ESOP |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock OptionsF6 | $48.47 | holding | — | — | — | Jul 1, 2019 | Jul 1, 2026 | Common Stock | 19,841 | 19,841 | D |
| Employee Stock OptionsF7 | $49.27 | holding | — | — | — | Jul 1, 2018 | Jul 1, 2025 | Common Stock | 12,809 | 12,809 | D |
| Employee Stock OptionsF7,F8 | $56.66 | holding | — | — | — | — | Jul 1, 2025 | Common Stock | 100,000 | 100,000 | D |
| Employee Stock OptionsF9 | $39.64 | holding | — | — | — | Jul 1, 2017 | Jul 1, 2024 | Common Stock | 7,400 | 7,400 | D |
Explanation of responses
- F1Represents shares of common stock withheld for payment of taxes incurred upon the lapse of restrictions on a restricted stock award granted in 2010.
- F2Includes 2,436 shares acquired pursuant to Reporting Person's participation in the Patterson Companies, Inc. Capital Accumulative Plan in the years 2015 and 2016 and remain subject to the terms of such Plan.
- F3Includes 6,696 shares of restricted stock received through awards in the years 2011 through 2015 to Reporting Person, which vest, contingent upon continued employment, as follows: 660 shares vest 4/29/2017 720 shares vest 4/30/2017, 740 shares vest 7/1/2017, 609 shares vest 7/1/2017, 660 shares vest 4/29/2018, 740 shares vest 7/1/2018, 609 shares vest on 7/1/2018, 740 shares on 7/1/2019, and 609 shares vest on 7/1/2019 and 7/1/2020.
- F4Includes 3,353 Restricted Stock Units ("RSUs") awarded on 7/1/2016 to Reporting Person pursuant to the Patterson Companies, Inc. 2015 Omnibus Incentive Plan. Each RSU represents a right, contingent upon continued employment, to receive one share of common stock. The RSUs vest cumulatively in 5 equal annual installments commencing on the one year anniversary of the date of grant and each anniversary thereafter.
- F5Represents shares of common stock indirectly held by the Reporting Person's Employee Stock Ownership Plan (ESOP) account through January 31, 2017.
- F6Stock option granted pursuant to the Patterson Companies, Inc. 2015 Omnibus Incentive Plan on 7/1/2016.
- F7Stock option granted pursuant to the Patterson Companies, Inc. 2012 Equity Incentive Plan on 7/1/2015.
- F8Options are exercisable as follows: 25% on 7/1/2018, 25% on 7/1/2019 and 50% on 7/1/2020.
- F9Stock option granted pursuant to the Patterson Companies, Inc. 2012 Equity Incentive Plan on 7/1/2014.