SEC Form 4 · accession 0001209191-17-043996
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
Jul 3, 2017
Accepted (ET)
Jul 6, 2017 · 4:15 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 StockF3,F4,F5 | Jul 3, 2017 | F | 942 | $47.51 | D | 27,423 | D | |
| Common StockF3,F4,F5 | Jul 3, 2017 | A | 3,972 | $47.51 | A | 31,395 | D | |
| Common Stock | holding | — | — | — | 9,103 | 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 Option | $47.51 | Jul 3, 2017 | A | 21,042 | A | Jul 1, 2020 | Jul 1, 2027 | Common Stock | 21,042 | 21,042 | D |
| Employee Stock OptionF8 | $48.47 | holding | — | — | — | Jul 1, 2019 | Jul 1, 2026 | Common Stock | 19,841 | 19,841 | D |
| Employee Stock OptionF9 | $49.27 | holding | — | — | — | Jul 1, 2018 | Jul 1, 2025 | Common Stock | 12,809 | 12,809 | D |
| Employee Stock OptionF9,F10 | $56.66 | holding | — | — | — | — | Jul 1, 2025 | Common Stock | 100,000 | 100,000 | D |
| Employee Stock OptionF11 | $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 restricted stock awards granted in 2014 and 2015 pursuant to the Patterson Companies, Inc. Equity Incentive Plan.
- F10Options are exercisable as follows: 25% on 7/1/2018, 25% on 7/1/2019 and 50% on 7/1/2020.
- F11Stock option granted pursuant to the Patterson Companies, Inc. 2012 Equity Incentive Plan on 7/1/2014.
- F2Represents shares of common stock withheld for payment of taxes incurred upon the lapse of restrictions on restricted stock units issued pursuant to the Patterson Companies, Inc. 2015 Omnibus Incentive Plan.
- F3Includes 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.
- F4Includes 3,967 shares of restricted stock received through awards in the years 2013 through 2015 to Reporting Person, which vest, contingent upon continued employment, as follows: 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.
- F5Includes 2,683 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 awards vests as follows: 671 shares vest on 7/1/2018, 670 shares vest on 7/1/2019 and 671 shares vest on 7/1/2020 and 7/1/2021.
- F6Represents RSU's awarded on 7/1/2017 to Reporting Person pursuant to the Patterson Companies, Inc. 2015 Omnibus Incentive Plan. The award vests in 5 equal annual installments commencing on the one year anniversary of the date of grant and each anniversary thereafter.
- F7Stock option granted pursuant to the Patterson Companies, Inc. 2015 Omnibus Incentive Plan on 7/1/2017.
- F8Stock option granted pursuant to the Patterson Companies, Inc. 2015 Omnibus Incentive Plan on 7/1/2016.
- F9Stock option granted pursuant to the Patterson Companies, Inc. 2012 Equity Incentive Plan on 7/1/2015.