Timothy E. Rogan - Aug 1, 2021 Form 4 Insider Report for PATTERSON COMPANIES, INC. (PDCO)

Role
President - Dental
Signature
Les B. Korsh, by Power of Attorney
Stock symbol
PDCO
Transactions as of
Aug 1, 2021
Transactions value $
-$78,969
Form type
4
Date filed
2/22/2022, 04:38 PM
Previous filing
Jul 28, 2021
Next filing
Jul 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PDCO Common Stock Tax liability -$11.4K -367 -0.81% $31.13 45K Aug 1, 2021 Direct F1, F2
transaction PDCO Common Stock Tax liability -$67.5K -2.28K -5.05% $29.69 42.8K Feb 18, 2022 Direct F3, F4
holding PDCO Common Stock 16.9K Aug 1, 2021 By ESOP F5

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 9.14K Aug 1, 2021 Common Stock 9.14K $29.91 Direct F6, F7
holding PDCO Employee Stock Options 7.09K Aug 1, 2021 Common Stock 7.09K $30.77 Direct F8, F9
holding PDCO Employee Stock Options 33.8K Aug 1, 2021 Common Stock 33.8K $22.25 Direct F10, F11
holding PDCO Employee Stock Options 13.9K Aug 1, 2021 Common Stock 13.9K $24.21 Direct F12, F13
holding PDCO Employee Stock Options 40K Aug 1, 2021 Common Stock 40K $56.66 Direct F14, F15
* 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 for payment of taxes incurred 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 21,835 RSUs awarded in the years 2017 through 2021 to Reporting Person pursuant to the Plan. The RSUs vest contingent upon continued employment as follows: 9,183 units vest on 2/18/2022, 2,769 units vest on 7/1/2022, 3,181 units vest on 7/14/2022, 765 units vest on 7/19/2022, 609 units vest on 7/1/2023, 3,184 units vest on 7/14/2023, 765 units vest on 7/19/2023, 610 units vest on 7/1/2024 and 769 units vest on 7/19/2024.
F3 Represents shares of common stock withheld for payment of taxes incurred upon the lapse of restrictions on RSUs issued pursuant to the Plan.
F4 Includes an aggregate of 12,652 RSUs awarded in the years 2017 through 2021 to Reporting Person pursuant to the Plan. The RSUs vest contingent upon continued employment as follows: 2,769 units vest on 7/1/2022, 3,181 units vest on 7/14/2022, 765 units vest on 7/19/2022, 609 units vest on 7/1/2023, 3,184 units vest on 7/14/2023, 765 units vest on 7/19/2023, 610 units vest on 7/1/2024 and 769 units vest on 7/19/2024.
F5 Represents shares of common stock indirectly held by the Report Person's Employee Stock Ownership Plan (ESOP) account through May 21, 2021.
F6 Stock options granted pursuant to the Plan on 7/19/2021.
F7 Options are exercisable as follows: 33.3% on 7/19/2022, 33.3% on 7/19/2023 and 33.4% on 7/19/2024.
F8 Stock options granted pursuant to the Plan on 7/1/2021.
F9 Options are exercisable as follows: 33.3% on 7/1/2022, 33.3% on 7/1/2023 and 33.4% on 7/1/2024.
F10 Stock options granted pursuant to the Plan on 7/1/2019.
F11 Options are exercisable as follows: 33.3% on 7/1/2020, 33.3% on 7/1/2021 and 33.4% on 7/1/2022.
F12 Stock options granted pursuant to the Plan on 8/1/2018.
F13 Options are exercisable as follows: 33.3% on 8/1/2019, 33.3% on 8/1/2020 and 33.4% on 8/1/2021.
F14 Stock options granted pursuant to the Patterson Companies, Inc. Amended and Restated Equity Incentive Plan on 7/1/2015.
F15 Options are exercisable as follows: 25% on 7/1/2018, 25% on 7/1/2019 and 50% on 7/1/2020.