Filing Details
- Accession Number:
- 0001437749-15-017052
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2015-09-09 21:41:55
- Reporting Period:
- 2015-09-04
- Filing Date:
- 2015-09-09
- Accepted Time:
- 2015-09-09 21:41:55
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 76605 | Patrick Industries Inc | PATK | Millwood, Veneer, Plywood, & Structural Wood Members (2430) | 351057796 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1407402 | M Todd Cleveland | 107 W. Franklin St Elkhart IN 46515 | President & Ceo | Yes | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2015-09-04 | 56,528 | $18.45 | 560,688 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2015-09-04 | 56,528 | $44.35 | 504,160 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2015-09-08 | 43,472 | $18.45 | 547,632 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2015-09-08 | 43,472 | $44.67 | 504,160 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Common Stock Options | Disposition | 2015-09-04 | 56,528 | $0.00 | 56,528 | $18.45 |
| Common Stock | Common Stock Options | Disposition | 2015-09-08 | 43,472 | $0.00 | 43,472 | $18.45 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 243,472 | 2022-12-18 | No | 4 | M | Direct | |
| 200,000 | 2022-12-18 | No | 4 | M | Direct |
Footnotes
- The Common Stock holding reported herein has been adjusted to reflect a three-for-two stock split paid by the Issuer on May 29, 2015.
- The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $44.25 to $44.45, inclusive. The reporting person undertakes to provide to Patrick Industries, Inc., any security holder of Patrick Industries, Inc., or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the price range set forth in this footnote.
- The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $44.35 to $45.31, inclusive. The reporting person undertakes to provide to Patrick Industries, Inc., any security holder of Patrick Industries, Inc., or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the price range set forth in this footnote.
- Common stock options granted on December 18, 2013 of which one-third of the option awards vested on the first anniversary of the grant date or December 18, 2014. The remaining options will vest on a pro-rata basis upon the second and third anniversaries of the grant date, with full vesting at the end of three years, and expire after nine years. The 300,000 total stock options originally granted reflect the three-for-two stock split paid on May 29, 2015 with a post stock-split basis exercise price of $18.45 per share.
Billionaire Hedge Funds
