SEC Form 4 · accession 0001209191-17-045052

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 11, 2017

Accepted (ET)

Jul 13, 2017 · 5:05 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^F2,F3,F4	Jul 11, 2017	S	750	$42.40	D	30,645	D
Common Stock^F5	holding	—	—		—	9,139	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^F6	$47.51	holding	—	—	—	Jul 1, 2020	Jul 1, 2027	Common Stock	21,042	21,042	D
Employee Stock Option^F7	$48.47	holding	—	—	—	Jul 1, 2019	Jul 1, 2026	Common Stock	19,841	19,841	D
Employee Stock Option^F8	$49.27	holding	—	—	—	Jul 1, 2018	Jul 1, 2025	Common Stock	12,809	12,809	D
Employee Stock Option^F8,F9	$56.66	holding	—	—	—	—	Jul 1, 2025	Common Stock	100,000	100,000	D
Employee Stock Option^F10	$39.64	holding	—	—	—	Jul 1, 2017	Jul 1, 2024	Common Stock	7,400	7,400	D

Explanation of responses

F1The transaction reported on this Form 4 was effected pursuant to a Rule 10b5-1 Plan adopted by the Reporting Person on 3/2/2017.
F10Stock option granted pursuant to the Patterson Companies, Inc. 2012 Equity Incentive Plan on 7/1/2014.
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 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.
F4Includes 6,655 Restricted Stock Units ("RSUs") awarded on 7/1/2016 and 7/1/2017 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 2016 award 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. The 2017 award vests 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 July 10, 2017.
F6Stock option granted pursuant to the Patterson Companies, Inc. 2015 Omnibus Incentive Plan on 7/1/2017.
F7Stock option granted pursuant to the Patterson Companies, Inc. 2015 Omnibus Incentive Plan on 7/1/2016.
F8Stock option granted pursuant to the Patterson Companies, Inc. 2012 Equity Incentive Plan on 7/1/2015.
F9Options are exercisable as follows: 25% on 7/1/2018, 25% on 7/1/2019 and 50% on 7/1/2020.