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

Role: Executive Vice President & CFO
Signature: /s/ Brian D'Ambrosia
Issuer symbol: MNRO
Transactions as of: 15 Nov 2021
Net transactions value: -$95,038
Form type: 4
Filing time: 17 Nov 2021, 15:57:47 UTC
Previous filing: 03 Aug 2021
Next filing: 18 May 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MNRO	Common Stock	Options Exercise	$2,290,000	+40,000	+289%	$57.25	53,842	15 Nov 2021	Direct
transaction	MNRO	Common Stock	Tax liability	$2,385,038	-37,127	-69%	$64.24	16,715	15 Nov 2021	Direct	F1
holding	MNRO	Common Stock						13,842	15 Nov 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	-40,000	-100%	$0.000000^*	0	15 Nov 2021	Common Stock	40,000	$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.

Content

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.