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

Role
Chief Financial Officer
Signature
Les B. Korsh, by Power of Attorney
Issuer symbol
PDCO
Transactions as of
15 Dec 2022
Net transactions value
+$259,999
Form type
4
Filing time
19 Dec 2022, 13:39:33 UTC
Previous filing
06 Dec 2022
Next filing
05 Jul 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PDCO Common Stock Award $259,999 +9,329 +145% $27.87 15,771 15 Dec 2022 Direct F1, F2
holding PDCO Common Stock 1,531 15 Dec 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 7,883 15 Dec 2022 Common Stock 7,883 $30.59 Direct F4, F5
holding PDCO Employee Stock Options 7,881 15 Dec 2022 Common Stock 7,881 $30.77 Direct F6, F7
holding PDCO Employee Stock Options 11,013 15 Dec 2022 Common Stock 11,013 $23.57 Direct F8, F9
holding PDCO Employee Stock Options 30,030 15 Dec 2022 Common Stock 30,030 $22.25 Direct F10, F11
holding PDCO Employee Stock Options 12,392 15 Dec 2022 Common Stock 12,392 $24.21 Direct F12, F13
* 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 5,764 RSUs awarded in the years 2020 through 2022 to Reporting Person pursuant to the Plan. The RSUs vest contingent upon continued employment as follows: 1,438 units vest on 7/1/2023, 2,121 units vest on 7/14/2023, 1,441 units vest on 7/1/2024 and 764 units vest on 7/1/2025.
F3 Represents shares of common stock indirectly held by the Report 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 grants 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 grants 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 grants 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.