Kevin Michael Barry - 05 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
05 Dec 2022
Transactions value $
-$274,808
Form type
4
Filing time
06 Dec 2022, 16:35:38 UTC
Previous filing
24 Oct 2022
Next filing
19 Dec 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PDCO Common Stock Sale -$275K -9.44K -59.45% $29.10 6.44K 05 Dec 2022 Direct F1, F2
holding PDCO Common Stock 1.53K 05 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 7.88K 05 Dec 2022 Common Stock 7.88K $30.59 Direct F4, F5
holding PDCO Employee Stock Options 7.88K 05 Dec 2022 Common Stock 7.88K $30.77 Direct F6, F7
holding PDCO Employee Stock Options 11K 05 Dec 2022 Common Stock 11K $23.57 Direct F8, F9
holding PDCO Employee Stock Options 30K 05 Dec 2022 Common Stock 30K $22.25 Direct F10, F11
holding PDCO Employee Stock Options 12.4K 05 Dec 2022 Common Stock 12.4K $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 The transaction reported on this Form 4 was effected pursuant to a Rule 10b5-1 Plan adopted by the Reporting Person on September 8, 2022.
F2 Includes an aggregate of 5,764 restricted stock units ("RSUs") awarded in the years 2020 through 2022 to Reporting Person pursuant to the Patterson Companies, Inc. Amended and Restated 2015 Omnibus Incentive Plan ("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.