SEC Form 4 · accession 0001209191-17-040306

PATTERSON COMPANIES, INC. · PDCO

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Scott P Anderson

Director

Period of report

Jun 14, 2017

Accepted (ET)

Jun 16, 2017 · 12:06 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 Stock^F1,F2,F3,F4	Jun 14, 2017	S	10,000	$46.76	D	100,843	D
Common Stock^F5	holding	—	—		—	18,093	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 Options^F6	$48.47	holding	—	—	—	Jul 1, 2019	Jul 1, 2026	Common Stock	68,681	68,681	D
Employee Stock Options^F7	$49.27	holding	—	—	—	Jul 1, 2018	Jul 1, 2025	Common Stock	42,698	42,698	D
Employee Stock Options^F7,F8	$56.66	holding	—	—	—	—	Jul 1, 2025	Common Stock	211,938	211,938	D
Employee Stock Options^F9	$39.64	holding	—	—	—	Jul 1, 2017	Jul 1, 2024	Common Stock	20,200	20,200	D

Explanation of responses

F1This transaction was executed in multiple trades at prices ranging from $46.70 to $46.85. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which each trade was effected.
F2Includes 6,462 shares acquired pursuant to Reporting Person's participation in the Patterson Companies, Inc. Capital Accumulative Plan in the years 2015 and 2016 that remain subject to the terms of such Plan.
F3Includes 17,379 shares of restricted stock received through awards granted in the years 2011 through 2015 to Reporting Person, which vest, contingent upon continued employment, as follows: 2,020 shares vest 7/1/2017, 2,030 shares vest 7/1/2017, 3,200 shares vest 4/29/2018, 2,020 shares vest 7/1/2018, 2,029 shares vest on 7/1/2018, 2,020 shares on 7/1/2019, and 2,030 shares vest on 7/1/2019 and 7/1/2020.
F4Includes 11,605 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 April 30, 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.