Kevin Michael Barry - Dec 15, 2023 Form 4 Insider Report for PATTERSON COMPANIES, INC. (PDCO)

Role
Chief Financial Officer
Signature
Les B. Korsh, by Power of Attorney
Stock symbol
PDCO
Transactions as of
Dec 15, 2023
Transactions value $
-$38,684
Form type
4
Date filed
12/19/2023, 04:46 PM
Previous filing
Dec 4, 2023
Next filing
Jul 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PDCO Common Stock Tax liability -$23.5K -869 -3.76% $27.00 22.2K Dec 15, 2023 Direct F1, F2
transaction PDCO Common Stock Sale -$15.2K -560 -2.52% $27.18 21.7K Dec 19, 2023 Direct F2, F3
holding PDCO Common Stock 1.59K Dec 15, 2023 By ESOP F4

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 18.7K Dec 15, 2023 Common Stock 18.7K $33.26 Direct F5, F6
holding PDCO Employee Stock Options 7.88K Dec 15, 2023 Common Stock 7.88K $30.59 Direct F7, F8
holding PDCO Employee Stock Options 7.88K Dec 15, 2023 Common Stock 7.88K $30.77 Direct F9, F10
holding PDCO Employee Stock Options 11K Dec 15, 2023 Common Stock 11K $23.57 Direct F11, F12
holding PDCO Employee Stock Options 30K Dec 15, 2023 Common Stock 30K $22.25 Direct F13, F14
holding PDCO Employee Stock Options 12.4K Dec 15, 2023 Common Stock 12.4K $24.21 Direct F15, F16
* 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 14,437 RSUs awarded in the years 2021 through 2023 to Reporting Person pursuant to the Plan. The RSUs vest contingent upon continued employment as follows: 3,444 units vest on 7/1/2024, 3,109 units vest on 12/15/2024, 2,766 units vest on 7/1/2025, 3,111 units vest on 12/15/2025 and 2,007 units vest on 7/1/2026.
F3 The transaction reported on this Form 4 was effected pursuant to a Rule 10b5-1 Plan adopted by the Reporting Person on September 1, 2023.
F4 Represents shares of common stock indirectly held by the Report Person's Employee Stock Ownership Plan (ESOP) account through November 3, 2023.
F5 Stock options granted pursuant to the Plan on 7/1/2023.
F6 Options are exercisable as follows: 33.3% on 7/1/2024, 33.3% on 7/1/2025 and 33.4% on 7/1/2026.
F7 Stock options granted pursuant to the Plan on 7/1/2022.
F8 Options are exercisable as follows: 33.3% on 7/1/2023, 33.3% on 7/1/2024 and 33.4% on 7/1/2025.
F9 Stock options granted pursuant to the Plan on 7/1/2021.
F10 Options are exercisable as follows: 33.3% on 7/1/2022, 33.3% on 7/1/2023 and 33.4% on 7/1/2024.
F11 Stock options grants pursuant to the Plan on 7/14/2020.
F12 Options are exercisable as follows: 33.3% on 7/14/2021, 33.3% on 7/14/2022 and 33.4% on 7/14/2023.
F13 Stock options grants pursuant to the Plan on 7/1/2019.
F14 Options are exercisable as follows: 33.3% on 7/1/2020, 33.3% on 7/1/2021 and 33.4% on 7/1/2022.
F15 Stock options grants pursuant to the Plan on 8/1/2018.
F16 Options are exercisable as follows: 33.3% on 8/1/2019, 33.3% on 8/1/2020 and 33.4% on 8/1/2021.