Kevin M. Pohlman - 01 Jul 2024 Form 4 Insider Report for PATTERSON COMPANIES, INC. (PDCO)

Role
Chief Operating Officer
Signature
Les B. Korsh, by Power of Attorney
Issuer symbol
PDCO
Transactions as of
01 Jul 2024
Net transactions value
+$872,129
Form type
4
Filing time
03 Jul 2024, 10:31:51 UTC
Previous filing
19 Dec 2023
Next filing
13 Nov 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PDCO Common Stock Tax liability $23,358 -970 -0.79% $24.08 121,468 01 Jul 2024 Direct F1, F2
transaction PDCO Common Stock Award $192,327 +7,987 +6.6% $24.08 129,455 01 Jul 2024 Direct F2, F3
transaction PDCO Common Stock Tax liability $46,836 -1,945 -1.5% $24.08 127,510 01 Jul 2024 Direct F2, F4
transaction PDCO Common Stock Award $749,996 +31,146 +24% $24.08 158,656 01 Jul 2024 Direct F2, F5
holding PDCO Common Stock 1,864 01 Jul 2024 By ESOP F6

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding PDCO Employee Stock Options 28,090 01 Jul 2024 Common Stock 28,090 $33.26 Direct F7, F8
holding PDCO Employee Stock Options 18,300 01 Jul 2024 Common Stock 18,300 $30.59 Direct F9, F10
holding PDCO Employee Stock Options 18,916 01 Jul 2024 Common Stock 18,916 $30.77 Direct F11, F12
holding PDCO Employee Stock Options 24,780 01 Jul 2024 Common Stock 24,780 $23.57 Direct F13, F14
holding PDCO Employee Stock Options 33,784 01 Jul 2024 Common Stock 33,784 $22.25 Direct F15, F16
holding PDCO Employee Stock Options 13,345 01 Jul 2024 Common Stock 13,345 $22.48 Direct F17
holding PDCO Employee Stock Options 5,539 01 Jul 2024 Common Stock 5,539 $39.23 Direct F18
holding PDCO Employee Stock Options 13,935 01 Jul 2024 Common Stock 13,935 $47.51 Direct F19
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of common stock withheld to satisfy a portion of tax liability upon the lapse of restrictions on restricted stock units ("RSUs") issued pursuant to the Patterson Companies, Inc. Amended and Restated 2015 Omnibus Incentive Plan ("Plan").
F2 Includes an aggregate of 12,971 RSUs awarded in the years 2022 through 2023 to Reporting Person pursuant to the Plan. The RSUs vest contingent upon continued employment as follows: 2,490 units vest on 12/15/2024, 4,776 units vest on 7/1/2025, 2,692 units vest on 12/15/2025 and 3,013 units vest on 7/1/2026.
F3 Represents shares earned upon satisfaction of performance criteria applicable to non-derivative performance share units.
F4 Represents shares of common stock withheld to satisfy a portion of tax liability upon the vesting of performance share units.
F5 Represents RSUs awarded on 7/1/2024 to Reporting Person pursuant to the Plan. The RSUs awarded vest, assuming continued employment, 33.3% on 7/1/2025, 33.3% on 7/1/2026 and 33.4% on 7/1/2027.
F6 Represents shares of common stock indirectly held by the Reporting Person's Employee Stock Ownership Plan (ESOP) account through May 4, 2024.
F7 Stock options granted pursuant to the Plan on 7/1/2023.
F8 Options are exercisable as follows: 33.3% on 7/1/2024, 33.3% on 7/1/2025 and 33.4% on 7/1/2026.
F9 Stock options granted pursuant to the Plan on 7/1/2022.
F10 Options are exercisable as follows: 33.3% on 7/1/2023, 33.3% on 7/1/2024 and 33.4% on 7/1/2025.
F11 Stock options granted pursuant to the Plan on 7/1/2021.
F12 Options are exercisable as follows: 33.3% on 7/1/2022, 33.3% on 7/1/2023 and 33.4% on 7/1/2024.
F13 Stock options granted pursuant to the Plan on 7/14/2020.
F14 Options are exercisable as follows: 33.3% on 7/14/2021, 33.3% on 7/14/2022 and 33.4% on 7/14/2023.
F15 Stock options granted pursuant to the Plan on 7/1/2019.
F16 Options are exercisable as follows: 33.3% on 7/1/2020, 33.3% on 7/1/2021 and 33.4% on 7/1/2022.
F17 Stock options granted pursuant to the Plan on 7/1/2018.
F18 Stock options granted pursuant to the Plan on 8/7/2017.
F19 Stock options granted pursuant to the Plan on 7/1/2017.