SEC Form 4 · accession 0001209191-19-001853
PATTERSON COMPANIES, INC. · PDCO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kevin M Pohlman
Officer — President - Animal Health
Period of report
Jan 2, 2019
Accepted (ET)
Jan 4, 2019 · 3:37 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 StockF2,F3,F4 | Jan 2, 2019 | F | 766 | $20.09 | D | 71,786 | D | |
| Common StockF5 | holding | — | — | — | 396 | 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 | $22.48 | holding | — | — | — | Jul 1, 2021 | Jul 1, 2028 | Common Stock | 13,345 | 13,345 | D |
| Employee Stock OptionsF7 | $39.23 | holding | — | — | — | Aug 7, 2020 | Aug 7, 2027 | Common Stock | 5,539 | 5,539 | D |
| Employee Stock OptionsF8 | $47.51 | holding | — | — | — | Jul 1, 2020 | Jul 1, 2027 | Common Stock | 13,935 | 13,935 | D |
Explanation of responses
- F1Shares withheld for taxes incurred upon the lapse of restrictions on restricted stock issued pursuant to the Patterson Companies, Inc. Capital Accumulation Plan.
- F2Includes 9,337 Restricted Stock Units ("RSUs") awarded on 9/21/2015, 7/1/2016, 7/1/2017, 8/7/2017 and 7/1/2018 to Reporting Person pursuant to the Plan. The RSUs vest contingent upon continued employment as follows: 1,879 units in aggregate vest on 7/1/2019, 191 units vest on 8/7/2019, 313 units vest on 9/21/2019, 1,879 units in aggregate vest on 7/1/2020, 191 units vest on 8/7/2020, 314 units vest on 9/21/2020, 1,881 units in aggregate vest on 7/1/2021, 191 units vest on 8/7/2021, 1,417 units vest on 7/1/2022, 191 units vest on 8/7/2022 and 890 units vest on 7/1/2023.
- F3Includes 2,233 shares acquired pursuant to Reporting Person's participation in the Patterson Companies, Inc. Capital Accumulation Plan in the year 2017 and remain subject to the terms of such plan.
- F4Includes 56,255 RSUs awarded on 6/11/2018 to Reporting Person pursuant to a Restrictive Covenants, Severance and Change in Control Agreement between Patterson Companies, Inc. and the Reporting Person. Each RSU represents a right to receive one share of common stock upon vesting. The RSUs are issued under the Plan and will vest, contingent upon continued employment, 25% on 6/11/2019, 25% on 6/11/2020 and 50% on 6/11/2021.
- F5Represents shares of common stock indirectly held by the Reporting Person's Employee Stock Ownership Plan (ESOP) account through December 31, 2018.
- F6Stock options granted pursuant to the Plan on 7/1/2018.
- F7Stock option granted pursuant to the Plan on 8/7/2017.
- F8Stock option granted pursuant to the Plan on 7/1/2017.