Kevin M. Pohlman - Jul 14, 2023 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
Jul 14, 2023
Transactions value $
$280,869
Form type
4
Date filed
7/18/2023, 05:02 PM
Previous filing
Jul 5, 2023
Next filing
Nov 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PDCO Common Stock Tax liability -$21.6K -674 -0.58% $32.07 115K Jul 14, 2023 Direct F1, F2, F3
transaction PDCO Common Stock Award $397K +12.4K +10.8% $32.07 127K Jul 14, 2023 Direct F2, F4
transaction PDCO Common Stock Tax liability -$94.3K -2.94K -2.32% $32.07 124K Jul 14, 2023 Direct F2, F5
holding PDCO Common Stock 1.78K Jul 14, 2023 By ESOP F6

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 28.1K Jul 14, 2023 Common Stock 28.1K $33.26 Direct F7, F8
holding PDCO Employee Stock Options 18.3K Jul 14, 2023 Common Stock 18.3K $30.59 Direct F9, F10
holding PDCO Employee Stock Options 18.9K Jul 14, 2023 Common Stock 18.9K $30.77 Direct F11, F12
holding PDCO Employee Stock Options 24.8K Jul 14, 2023 Common Stock 24.8K $23.57 Direct F13, F14
holding PDCO Employee Stock Options 33.8K Jul 14, 2023 Common Stock 33.8K $22.25 Direct F15, F16
holding PDCO Employee Stock Options 13.3K Jul 14, 2023 Common Stock 13.3K $22.48 Direct F17
holding PDCO Employee Stock Options 5.54K Jul 14, 2023 Common Stock 5.54K $39.23 Direct F18
holding PDCO Employee Stock Options 13.9K Jul 14, 2023 Common Stock 13.9K $47.51 Direct F19
* 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 to satisfy a portion of tax liability 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 22,261 RSUs awarded in the years 2020 through 2023 to Reporting Person pursuant to the Plan. The RSUs vest contingent upon continued employment as follows: 2,688 units vest 12/1/2023, 6,400 units vest 7/1/2024, 2,688 units vest 12/15/2024, 4,776 units vest on 7/1/2025, 2,697 units vest 12/15/2025 and 3,012 units vest 7/1/2026.
F3 Represents an aggregate of 142 shares withheld for potential tax liability associated with Reporting Person's eligibility for "retirement" under the Plan.
F4 Represents shares earned upon satisfaction of performance criteria applicable to non-derivative performance share units.
F5 Represents shares of common stock withheld to satisfy a portion of tax liability upon the vesting of performance share units.
F6 Represents shares of common stock indirectly held by the Reporting Person's Employee Stock Ownership Plan (ESOP) account through May 1, 2023.
F7 Stock options granted pursuant to the Plan on 7/1/2023.
F8 Options are exercisable as follows: 33.3% on 7/1/2024, 33.3% on 7/1/2025 and 33.4% on 7/1/2026.
F9 Stock options granted pursuant to the Plan on 7/1/2022.
F10 Options are exercisable as follows: 33.3% on 7/1/2023, 33.3% on 7/1/2024 and 33.4% on 7/1/2025.
F11 Stock options granted pursuant to the Plan on 7/1/2021.
F12 Options are exercisable as follows: 33.3% on 7/1/2022, 33.3% on 7/1/2023 and 33.4% on 7/1/2024.
F13 Stock options granted pursuant to the Plan on 7/14/2020.
F14 Options are exercisable as follows: 33.3% on 7/14/2021, 33.3% on 7/14/2022 and 33.4% on 7/14/2023.
F15 Stock options granted pursuant to the Plan on 7/1/2019.
F16 Options are exercisable as follows: 33.3% on 7/1/2020, 33.3% on 7/1/2021 and 33.4% on 7/1/2022.
F17 Stock options granted pursuant to the Plan on 7/1/2018.
F18 Stock option granted pursuant to the Plan on 8/7/2017.
F19 Stock option granted pursuant to the Plan on 7/1/2017.