ZACK MICHAEL 4
4 · HENRY SCHEIN INC · Filed Mar 5, 2012
Insider Transaction Report
Form 4
HENRY SCHEIN INCHSIC
ZACK MICHAEL
President of Int'l Group
Transactions
- Exercise/Conversion
Common Stock, par value $0.01 per share
2012-03-01$35.49/sh+7,000$248,430→ 54,399 total - Exercise/Conversion
Common Stock, par value $0.01 per share
2012-03-01$39.43/sh+24,000$946,320→ 71,399 total - Award
Common Stock, par value $0.01 per share
2012-03-02$73.12/sh+10,257$749,992→ 57,656 total - Sale
Common Stock, par value $0.01 per share
2012-03-01$73.55/sh−24,000$1,765,200→ 47,399 total - Exercise/Conversion
Stock Option (Right to Buy)
2012-03-01−7,000→ 0 totalExercise: $35.49Exp: 2014-02-18→ Common Stock, par value $0.01 per share (7,000 underlying) - Exercise/Conversion
Stock Option (Right to Buy)
2012-03-01−24,000→ 0 totalExercise: $39.43Exp: 2015-03-09→ Common Stock, par value $0.01 per share (24,000 underlying) - Sale
Common Stock, par value $0.01 per share
2012-03-01$73.86/sh−7,000$517,020→ 47,399 total
Holdings
- 3,553(indirect: By 401(k))
Common Stock, par value $0.01 per share
- 400(indirect: By Son)
Common Stock, par value $0.01 per share
Footnotes (6)
- [F1]The price reflects a weighted average of sales made at prices ranging from $73.71 to $73.99 per share. The Reporting Person, upon request by the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, will provide full information regarding the number of shares sold at each separate price for this transaction.
- [F2]The price reflects a weighted average of sales made at prices ranging from $73.06 to $74.04 per share. The Reporting Person, upon request by the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, will provide full information regarding the number of shares sold at each separate price for this transaction.
- [F3]Grant of restricted stock units (RSUs) pursuant to the Issuer's 1994 Stock Incentive Plan, as amended. 65% will vest subject to (x) Issuer's achievement of a specified performance goal and (y) reporting person's continued performance of services for the Issuer. 35% will vest subject to (x) passage of a specified period of time and (y) reporting person's continued performance of services for the Issuer. With respect to the performance-based RSUs, if the continued service requirement is satisfied and achievement of the performance goal (x) exceeds 100% of target, the Issuer may issue additional vested shares of common stock in an amount that corresponds to the incremental percentage of the performance goal achieved in excess of 100% of target or (y) is less than 100% of target, the reporting person will surrender to the Issuer shares of common stock in an amount that corresponds to the incremental percentage of the performance goal achieved that is below 100% of target (i.e., shortfall).
- [F4]Acquired pursuant to the Issuer's 1994 Stock Incentive Plan, as amended.
- [F5]The option vests in four equal installments on each of February 18, 2005, February 18, 2006, February 18, 2007 and February 18, 2008.
- [F6]The option vests in four equal installments on each of March 9, 2006, March 9, 2007, March 9, 2008 and March 9, 2009.