WALCHIRK MARK S 4

Accession 0001209191-20-042573

CIK 0000891024other

View on SEC.gov Company Profile

Filed

Jul 15, 8:00 PM ET

Accepted

Jul 16, 11:50 AM ET

Size

14.3 KB

Accession

0001209191-20-042573

Insider Transaction Report

Form 4

Period: 2020-07-14

PATTERSON COMPANIES, INC.PDCO

WALCHIRK MARK S

DirectorPresident & CEO

Transactions

Award
Common Stock
2020-07-14$23.57/sh+34,472$812,505→ 323,423 total
Award
Employee Stock Options
2020-07-14$23.57/sh+178,965$4,218,205→ 178,965 total
Exercise: $23.57Exp: 2030-07-14→ Common Stock (178,965 underlying)

Holdings

Common Stock
(indirect: By ESOP)
819
Employee Stock Options
Exercise: $22.25Exp: 2029-07-01→ Common Stock (243,994 underlying)
243,994
Employee Stock Options
Exercise: $22.48From: 2021-07-01Exp: 2028-07-01→ Common Stock (99,956 underlying)
99,956
Employee Stock Options
Exercise: $35.41From: 2020-12-01Exp: 2027-12-01→ Common Stock (52,764 underlying)
52,764

Footnotes (12)

[F1]Represents restricted stock units ("RSUs") awarded on 7/14/2020 to Reporting Person pursuant to the Patterson Companies, Inc. Amended and Restated 2015 Omnibus Incentive Plan ("Plan"). The RSUs awarded vest, assuming continued employment, 100% on 7/14/2023.
[F10]Options are exercisable as follows: 33.3% on 7/1/2020, 33.3% on 7/1/2021 and 33.4% on 7/1/2022.
[F11]Stock options granted pursuant to the Plan on 7/1/2018.
[F12]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]Includes 104,074 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.
[F6]Represents shares of common stock indirectly help by the Reporting Person's Employee Stock Ownership Plan ("ESOP") account through April 25, 2020.
[F7]Stock options granted pursuant to the Plan on 7/14/2020.
[F8]Options are exercisable as follows: 33.3% on 7/14/2021, 33.3% on 7/14/2022 and 33.4% on 7/14/2023.
[F9]Stock options granted pursuant to the Plan on 7/1/2019.

Documents

1 file

4
doc4.xmlPrimary
FORM 4 SUBMISSION

Issuer

PATTERSON COMPANIES, INC.

CIK 0000891024

→

Entity typeother

Related Parties

filerCIK 0001723527

Filing Metadata

Form type: 4
Filed: Jul 15, 8:00 PM ET
Accepted: Jul 16, 11:50 AM ET
Size: 14.3 KB

View on SEC.gov