MONRO, INC. — Director's Dealing 2014

Nov 21, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MONRO MUFFLER BRAKE INC (MNRO)
CIK: 0000876427
Period of Report: 2014-11-18

Reporting Person: Van Heel John W (Director, Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-11-18	Common Stock	J	77239	$51.43	Disposed	17930	Direct
2014-11-18	Common Stock	M	112500	$35.31	Acquired	130430	Direct
2014-11-20	Common Stock	S	23000	$51.855	Disposed	107430	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-11-18	Options (Right to buy)	$35.31	M	37500	Disposed	2015-12-29	Common Stock (37500)	Direct
2014-11-18	Options (Right to buy)	$35.31	M	37500	Disposed	2015-12-29	Common Stock (37500)	Direct
2014-11-18	Options (Right to buy)	$35.31	M	37500	Disposed	2015-12-29	Common Stock (37500)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
HOLDINGS	95169	Direct

Footnotes

F1: As permitted pursuant to the terms of the 2007 Stock Option Plan, the reporting person delivered these shares to the Issuer in order to pay for the exercise of 112,500 Non-qualified stock options reported on Table I and II. The shares were valued at the closing price for the Issuer's stock on November 18, 2014, the date on which the reporting person delivered these shares and exercised the options.

F2: The reporting person sold stock to pay taxes related to the exercise of options on November 18, 2014. The reporting person's holdings of the Issuer's stock increased by 12,261 shares as a result of the stock option exercise and related sales.

F3: The price reported is a weighted average price. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price for the transactions being reported on this Form 4.