Kevin M. Pohlman - Dec 15, 2022 Form 4 Insider Report for PATTERSON COMPANIES, INC. (PDCO)

Role
President - Animal Health
Signature
Les B. Korsh, by Power of Attorney
Stock symbol
PDCO
Transactions as of
Dec 15, 2022
Transactions value $
$224,995
Form type
4
Date filed
12/19/2022, 01:39 PM
Previous filing
Aug 8, 2022
Next filing
Jul 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PDCO Common Stock Award $225K +8.07K +8.13% $27.87 107K Dec 15, 2022 Direct F1, F2
holding PDCO Common Stock 1.76K Dec 15, 2022 By ESOP F3

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 18.3K Dec 15, 2022 Common Stock 18.3K $30.59 Direct F4, F5
holding PDCO Employee Stock Options 18.9K Dec 15, 2022 Common Stock 18.9K $30.77 Direct F6, F7
holding PDCO Employee Stock Options 24.8K Dec 15, 2022 Common Stock 24.8K $23.57 Direct F8, F9
holding PDCO Employee Stock Options 33.8K Dec 15, 2022 Common Stock 33.8K $22.25 Direct F10, F11
holding PDCO Employee Stock Options 13.3K Dec 15, 2022 Common Stock 13.3K $22.48 Direct F12
holding PDCO Employee Stock Options 5.54K Dec 15, 2022 Common Stock 5.54K $39.23 Direct F13
holding PDCO Employee Stock Options 13.9K Dec 15, 2022 Common Stock 13.9K $47.51 Direct F14
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock unit ("RSU") equivalents awarded on 12/15/2022 pursuant to the Patterson Companies, Inc. Amended and Restated 2015 Omnibus Incentive Plan ("Plan"). The RSUs awarded vest, assuming continued employment, 33.3% on 12/15/2023, 33.3% on 12/15/2024 and 33.4% on 12/15/2025.
F2 Includes an aggregate of 14,408 RSUs awarded in the years 2018 through 2022 to Reporting Person pursuant to the Plan. The RSUs vest contingent upon employment as follows: 4,375 units vest 7/1/2023, 4,773 units vest 7/14/2023, 3,486 units vest 7/1/2024 and 1,774 units vest on 7/1/2025.
F3 Represents shares of common stock indirectly held by the Reporting Person's Employee Stock Ownership Plan (ESOP) account through November 7, 2022.
F4 Stock options granted pursuant to the Plan on 7/1/2022.
F5 Options are exercisable as follows: 33.3% on 7/1/2023, 33.3% on 7/1/2024 and 33.4% on 7/1/2025.
F6 Stock options granted pursuant to the Plan on 7/1/2021.
F7 Options are exercisable as follows: 33.3% on 7/1/2022, 33.3% on 7/1/2023 and 33.4% on 7/1/2024.
F8 Stock options granted pursuant to the Plan on 7/14/2020.
F9 Options are exercisable as follows: 33.3% on 7/14/2021, 33.3% on 7/14/2022 and 33.4% on 7/14/2023.
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 7/1/2018.
F13 Stock option granted pursuant to the Plan on 8/7/2017.
F14 Stock option granted pursuant to the Plan on 7/1/2017.