Timothy E. Rogan - Jul 14, 2023 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
Jul 14, 2023
Transactions value $
-$24,373
Form type
4
Date filed
7/18/2023, 05:03 PM
Previous filing
Jul 5, 2023
Next filing
Oct 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PDCO Common Stock Tax liability -$24.4K -760 -1.5% $32.07 49.8K Jul 14, 2023 Direct F1, F2
holding PDCO Common Stock 16.9K Jul 14, 2023 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 17.6K Jul 14, 2023 Common Stock 17.6K $33.26 Direct F4, F5
holding PDCO Employee Stock Options 15.5K Jul 14, 2023 Common Stock 15.5K $30.59 Direct F6, F7
holding PDCO Employee Stock Options 9.14K Jul 14, 2023 Common Stock 9.14K $29.91 Direct F8, F9
holding PDCO Employee Stock Options 7.09K Jul 14, 2023 Common Stock 7.09K $30.77 Direct F10, F11
holding PDCO Employee Stock Options 33.8K Jul 14, 2023 Common Stock 33.8K $22.25 Direct F12, F13
holding PDCO Employee Stock Options 13.9K Jul 14, 2023 Common Stock 13.9K $24.21 Direct F14, F15
holding PDCO Employee Stock Options 40K Jul 14, 2023 Common Stock 40K $56.66 Direct F16, F17
* 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 10,777 RSUs awarded in the years 2020 through 2023 to Reporting Person pursuant to the Plan. The RSUs vest contingent upon continued employment as follows: 766 units vest on 7/19/2023; 3,985 units vest on 7/1/2024; 767 units vest on 7/19/2024; 3,377 units vest on 7/1/2025 and 1,882 units vest on 7/1/2026.
F3 Represents shares of common stock indirectly held by the Report Person's Employee Stock Ownership Plan (ESOP) account through May 1, 2023.
F4 Stock options granted pursuant to the Plan on 7/1/2023.
F5 Options are exercisable as follows: 33.3% on 7/1/2024, 33.3% on 7/1/2025 and 33.4% on 7/1/2026.
F6 Stock options granted pursuant to the Plan on 7/1/2022.
F7 Options are exercisable as follows: 33.3% on 7/1/2023, 33.3% on 7/1/2024 and 33.4% on 7/1/2025.
F8 Stock options granted pursuant to the Plan on 7/19/2021.
F9 Options are exercisable as follows: 33.3% on 7/19/2022, 33.3% on 7/19/2023 and 33.4% on 7/19/2024.
F10 Stock options granted pursuant to the Plan on 7/1/2021.
F11 Options are exercisable as follows: 33.3% on 7/1/2022, 33.3% on 7/1/2023 and 33.4% on 7/1/2024.
F12 Stock options granted pursuant to the Plan on 7/1/2019.
F13 Options are exercisable as follows: 33.3% on 7/1/2020, 33.3% on 7/1/2021 and 33.4% on 7/1/2022.
F14 Stock options granted pursuant to the Plan on 8/1/2018.
F15 Options are exercisable as follows: 33.3% on 8/1/2019, 33.3% on 8/1/2020 and 33.4% on 8/1/2021.
F16 Stock options granted pursuant to the Patterson Companies, Inc. Amended and Restated Equity Incentive Plan on 7/1/2015.
F17 Options are exercisable as follows: 25% on 7/1/2018, 25% on 7/1/2019 and 50% on 7/1/2020.