Home/Filings/4/0001209191-20-041318
4//SEC Filing

WALCHIRK MARK S 4

Accession 0001209191-20-041318

CIK 0000891024other

Filed

Jul 5, 8:00 PM ET

Accepted

Jul 6, 7:52 PM ET

Size

15.4 KB

Accession

0001209191-20-041318

Insider Transaction Report

Form 4
Period: 2020-07-01
WALCHIRK MARK S
DirectorPresident & CEO
Transactions
  • Tax Payment

    Common Stock

    2020-07-01$22.32/sh1,720$38,390179,586 total
  • Award

    Common Stock

    2020-07-01$22.32/sh+5,291$118,095184,877 total
  • Award

    Common Stock

    2020-07-01$22.32/sh+104,074$2,322,932288,951 total
Holdings
  • Common Stock

    (indirect: By ESOP)
    819
  • Employee Stock Options

    Exercise: $22.48From: 2021-07-01Exp: 2028-07-01Common Stock (99,956 underlying)
    99,956
  • Employee Stock Options

    Exercise: $22.25Exp: 2029-07-01Common Stock (243,994 underlying)
    243,994
  • Employee Stock Options

    Exercise: $35.41From: 2020-12-01Exp: 2027-12-01Common Stock (52,764 underlying)
    52,764
Footnotes (11)
  • [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").
  • [F10]Stock options granted pursuant to the Plan on 7/1/2018.
  • [F11]Stock options granted pursuant to the Plan on 12/1/2017.
  • [F2]Includes 5,766 shares acquired pursuant to Reporting Person's participation in the Patterson Companies, Inc. Capital Accumulation Plan in the year 2018 and remain subject to the terms of such plan.
  • [F3]Includes 63,369 RSUs awarded on 12/1/2017, 7/1/2018 and 7/1/2019 to Reporting Person pursuant to the Plan. The RSUs vest contingent upon continued employment as follows: 1,824 units vest 12/1/2020, 7,126 units vest 7/1/2021, 1,824 units vest 12/1/2021, 43,644 units vest 7/1/2022, 1,824 units vest 12/1/2022 and 7,127 units vest 7/1/2023.
  • [F4]Includes 60,330 RSU equivalents attributable to the June 11, 2019 determination by the Compensation Committee that the performance criteria for the period of April 29, 2018 through April 27, 2019 applicable to non-derivative performance units issued on August 7, 2018 had been satisfied. Subject to continued employment of the Reporting Person through April 24, 2021, the RSU equivalents will automatically convert into shares of common stock.
  • [F5]Represents shares of common stock attributable to the July 1, 2020 determination by the Compensation Committee that the performance criteria for the period of April 30, 2017 through April 25, 2020 had been satisfied.
  • [F6]Represents RSU equivalents attributable to the July 1, 2020 determination by the Compensation Committee that the performance criteria for the period of April 27, 2019 through April 25, 2020 applicable to non-derivative performance units issued on July 1, 2019 had been satisfied. Subject to continued employment of the Reporting Person through July 1, 2022, the restricted stock unit equivalents will automatically convert into shares of common stock.
  • [F7]Represents shares of common stock indirectly help by the Reporting Person's Employee Stock Ownership Plan ("ESOP") account through April 25, 2020.
  • [F8]Stock options granted pursuant to the Plan on 7/1/2019.
  • [F9]Options are exercisable as follows: 33% on 7/1/2020, 33% on 7/1/2021 and 34% on 7/1/2022.

Issuer

PATTERSON COMPANIES, INC.

CIK 0000891024

Entity typeother

Related Parties

1
  • filerCIK 0001723527

Filing Metadata

Form type
4
Filed
Jul 5, 8:00 PM ET
Accepted
Jul 6, 7:52 PM ET
Size
15.4 KB