SEC Form 4 · accession 0001209191-18-060972
PATTERSON COMPANIES, INC. · PDCO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark S Walchirk
Officer — President & CEO · Director
Period of report
Dec 3, 2018
Accepted (ET)
Dec 4, 2018 · 5:27 pm EST
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 | Dec 3, 2018 | F | 9,200 | $25.43 | D | 92,032 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock OptionsF5 | $22.48 | holding | — | — | — | Jul 1, 2021 | Jul 1, 2028 | Common Stock | 99,956 | 99,956 | D |
| Employee Stock OptionsF6 | $35.41 | holding | — | — | — | Dec 1, 2020 | Dec 1, 2027 | Common Stock | 52,764 | 52,764 | D |
Explanation of responses
- F1Represents (558) 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 ("Plan") on 12/1/2017.
- F2Represents (8,642) shares of common stock withheld for payment of taxes incurred upon the lapse of restrictions on the inducement award granted outside the Plan on 12/1/2017.
- F3Includes 42,928 Restricted Stock Units (RSUs") awarded on 12/1/2017 and 7/1/2018 to Reporting Person pursuant to the Plan. The RSUs vest contingent upon continued employment as follows: 7,126 units in aggregate vest on 7/1/2019, 1,824 units in aggregate vest on 12/1/2019, 7,126 units in aggregate vest on 7/1/2020, 1,824 units in aggregate vest on 12/1/2020, 7,126 units in aggregate vest on 7/1/2021, 1,824 units in aggregate vest on 12/1/2021, 7,127 units in aggregate vest on 7/1/2022, 1,824 units in aggregate vest on 12/1/2022 and 7,127 units in aggregate vest on 7/1/2023.
- F4Includes 28,241 RSUs granted to Reporting Person on 12/1/2017 as an inducement award granted outside the Plan. The RSUs will vest, assuming continued employment on 12/1/2019.
- F5Stock options granted pursuant to the Plan on 7/1/2018.
- F6Stock options granted pursuant to the Plan on 12/1/2017.