Brian D'Ambrosia - Nov 15, 2021 Form 4 Insider Report for MONRO, INC. (MNRO)

Role
Executive Vice President & CFO
Signature
/s/ Brian D'Ambrosia
Stock symbol
MNRO
Transactions as of
Nov 15, 2021
Transactions value $
-$95,038
Form type
4
Date filed
11/17/2021, 03:57 PM
Previous filing
Aug 3, 2021
Next filing
May 18, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MNRO Common Stock Options Exercise $2.29M +40K +288.98% $57.25 53.8K Nov 15, 2021 Direct
transaction MNRO Common Stock Tax liability -$2.39M -37.1K -68.96% $64.24 16.7K Nov 15, 2021 Direct F1
holding MNRO Common Stock 13.8K Nov 15, 2021 Direct

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
transaction MNRO Options (Right to Buy) Options Exercise $0 -40K -100% $0.00* 0 Nov 15, 2021 Common Stock 40K $57.25 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 As permitted pursuant to the terms of the 2007 Stock Option Plan, the reporting person used 35,648 non-qualified stock options, which are being reported on Tables I and II. The shares were valued at the closing price, for the Issuer's stock on November 15, 2021, the date on which the reporting person exercised the options. the reporting person satisfied any requisite taxes incurred as a result of the option exercise being reported on Tables I and II. The reporting person's holdings of Monro stock increased by 2,873 shares as a result of this transaction. He effected this transaction via a "net" stock swap.