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
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 $260K +9.33K +144.82% $27.87 15.8K 15 Dec 2022 Direct F1, F2
holding PDCO Common Stock 1.53K 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 7.88K 15 Dec 2022 Common Stock 7.88K $30.59 Direct F4, F5
holding PDCO Employee Stock Options 7.88K 15 Dec 2022 Common Stock 7.88K $30.77 Direct F6, F7
holding PDCO Employee Stock Options 11K 15 Dec 2022 Common Stock 11K $23.57 Direct F8, F9
holding PDCO Employee Stock Options 30K 15 Dec 2022 Common Stock 30K $22.25 Direct F10, F11
holding PDCO Employee Stock Options 12.4K 15 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 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.