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MONRO, INC. — Director's Dealing 2018
Jun 7, 2018
32744_dirs_2018-06-07_d21d3290-8cc6-4c75-93c5-4e6ab5774be2.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: MONRO, INC. (MNRO)
CIK: 0000876427
Period of Report: 2018-06-05
Reporting Person: SOLOMON PETER J (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-06-05 | Common Stock | F | 7739 | $57.45 | Disposed | 384831 | Direct |
| 2018-06-05 | Common Stock | M | 10000 | $44.46 | Acquired | 394831 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-06-05 | Options (Right to Buy) | $44.46 | M | 10000 | Disposed | 2018-08-05 | Common Stock (10000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 392570 | Direct |
| Common Stock | 493351 | Indirect |
| Common Stock | 1000 | Indirect |
Footnotes
F1: Includes 10,000 shares of Class C Preferred Stock, which are presently convertible into 233,888 shares of Common Stock of the Issuer.
F2: As permitted pursuant to the terms of the 2007 Stock Option Plan, the reporting person utilized his ownership of existing shares in order to exercise options to purchase 10,000 non-qualified stock options, which option exercises are being reported on Tables I and II. The shares were valued at the closing price, respectively, of the Issuer's stock on June 5, 2018, the dates on which the reporting person exercised the options.
F3: Includes 11,802 shares of Class C Preferred Stock of the Issuer convertible into 276,033 shares of Common Stock of the Issuer. These shares are held in trusts for the benefit of Mr. Solomon's children and grandchildren. Mr. Solomon is a trustee of such trusts and, accordingly, may be deemed to have a beneficial interest therein. Mr. Solomon expressly disclaims beneficial ownership of securities held by such trusts, and this report shall not be deemed an admission that Mr. Solomon is the beneficial owner of such securities.