SEC Info - Walchirk Mark S - ‘4’ for 3/31/21 re: Patterson Companies, Inc.

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

WALCHIRK MARK S

(Last)

(First)

(Middle)

1031 MENDOTA HEIGHTS ROAD

(Street)

ST. PAUL

55120

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
PATTERSON COMPANIES, INC. [ PDCO ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
President & CEO

3. Date of Earliest Transaction (Month/Day/Year)
3/31/21

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	3/31/21		A ⁽¹⁾		467	A	$24.769	321,153 ⁽²⁾ ⁽³⁾ ⁽⁴⁾	D
Common Stock								819 ⁽⁵⁾	I	By ESOP

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Employee Stock Options ⁽⁶⁾	$23.57							⁽⁷⁾	7/14/30	Common Stock	178,965		178,965	D
Employee Stock Options ⁽⁸⁾	$22.25							⁽⁹⁾	7/1/29	Common Stock	243,994		243,994	D
Employee Stock Options ⁽¹⁰⁾	$22.48							7/1/21	7/1/28	Common Stock	99,956		99,956	D
Employee Stock Options ⁽¹¹⁾	$35.41							12/1/20	12/1/27	Common Stock	52,764		52,764	D

Explanation of Responses:

(1) Shares acquired by Reporting Person pursuant to the Patterson Companies, Inc. Employee Stock Purchase Plan.

(2) Includes 96,017 RSUs awarded on 12/1/17, 7/1/18, 7/1/19 and 7/14/20 to Reporting Person pursuant to the Plan. The RSUs vest contingent upon continued employment as follows: 7,126 units vest 7/1/21, 1,824 units vest 12/1/21, 43,644 units vest 7/1/22, 1,824 units vest 12/1/22, 7,127 units vest 7/1/23 and 34,472 units vest 7/14/23.

(3) 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.

(4) 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.

(5) Represents shares of common stock indirectly help by the Reporting Person's Employee Stock Ownership Plan ("ESOP") account through April 25, 2020.

(6) Stock options granted pursuant to the Plan on 7/14/20.

(7) Options are exercisable as follows: 33.3% on 7/14/21, 33.3% on 7/14/22 and 33.4% on 7/14/23.

(8) Stock options granted pursuant to the Plan on 7/1/19.

(9) Options are exercisable as follows: 33.3% on 7/1/20, 33.3% on 7/1/21 and 33.4% on 7/1/22.

(10) Stock options granted pursuant to the Plan on 7/1/18.

(11) Stock options granted pursuant to the Plan on 12/1/17.

Remarks:

	Les B. Korsh, by Power of Attorney	4/1/21
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

____________ Transaction Code:
A	Grant, award or other acquisition pursuant to Rule 16b-3(d).

Walchirk Mark S – ‘4’ for 3/31/21 re: Patterson Companies, Inc.

On: Thursday, 4/1/21, at 5:30pm ET · For: 3/31/21 · Accession #: 1209191-21-24181 · File #: 0-20572

Previous ‘4’: ‘4’ on 1/5/21 for 1/4/21 · Next: ‘4’ on 4/27/21 for 4/24/21 · Latest: ‘4’ on 7/6/22 for 7/1/22

Statement of Changes in Beneficial Ownership of Securities by an Insider — Form 4 — SEA’34
Filing Table of Contents

This ‘4’ Document is an XML Data File that may be rendered in various formats:

Walchirk Mark S – ‘4’ for 3/31/21 re: Patterson Companies, Inc.

On: Thursday, 4/1/21, at 5:30pm ET · For: 3/31/21 · Accession #: 1209191-21-24181 · File #: 0-20572

Previous ‘4’: ‘4’ on 1/5/21 for 1/4/21 · Next: ‘4’ on 4/27/21 for 4/24/21 · Latest: ‘4’ on 7/6/22 for 7/1/22

Statement of Changes in Beneficial Ownership of Securities by an Insider — Form 4 — SEA’34Filing Table of Contents

This ‘4’ Document is an XML Data File that may be rendered in various formats:

Statement of Changes in Beneficial Ownership of Securities by an Insider — Form 4 — SEA’34
Filing Table of Contents