Filing Details

Accession Number:
0001209191-14-015957
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-03-03 17:27:12
Reporting Period:
2014-02-27
Filing Date:
2014-03-03
Accepted Time:
2014-03-03 17:27:12
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1000228 Henry Schein Inc HSIC Wholesale-Medical, Dental & Hospital Equipment & Supplies (5047) 113136595
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1194354 Michael Racioppi C/O Henry Schein, Inc.
135 Duryea Road
Melville NY 11747
Svp Chief Merchandising Offic. No 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, Par Value $0.01 Per Share Acquisiton 2014-02-27 4,631 $0.00 30,667 No 4 A Direct
Common Stock, Par Value $0.01 Per Share Acquisiton 2014-02-28 8,713 $47.31 39,380 No 4 M Direct
Common Stock, Par Value $0.01 Per Share Disposition 2014-02-28 6,513 $118.77 32,867 No 4 S Direct
Common Stock, Par Value $0.01 Per Share Disposition 2014-02-28 2,200 $119.33 30,667 No 4 S Direct
Common Stock, Par Value $0.01 Per Share Acquisiton 2014-02-28 9,901 $51.23 40,568 No 4 M Direct
Common Stock, Par Value $0.01 Per Share Disposition 2014-02-28 7,301 $118.76 33,267 No 4 S Direct
Common Stock, Par Value $0.01 Per Share Disposition 2014-02-28 2,600 $119.32 30,667 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 M Direct
No 4 S Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock, Par Value $0.01 Per Share SERP Phantom Stock Acquisiton 2014-02-27 2,176 $0.00 2,176 $0.00
Common Stock, Par Value $0.01 Per Share Stock Option (Right to Buy) Disposition 2014-02-28 8,713 $0.00 8,713 $47.31
Common Stock, Par Value $0.01 Per Share Stock Option (Right to Buy) Disposition 2014-02-28 9,901 $0.00 9,901 $51.23
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
2,176 No 4 A Direct
0 2016-03-02 No 4 M Direct
9,901 2017-03-05 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock, Par Value $0.01 Per Share 298 Indirect By 401(k) plan
Footnotes
  1. Grant of restricted stock units (RSUs) pursuant to the Issuer's 2013 Stock Incentive Plan. 65% will vest subject to (x) Issuer's achievement of a specified performance goal and (y) reporting person's continued performance of services for the Issuer. 35% will vest subject to (x) passage of a specified period of time and (y) reporting person's continued performance of services for the Issuer. With respect to the performance-based RSUs, if the continued service requirement is satisfied and achievement of the performance goal (x) exceeds 100% of target, the Issuer may issue additional vested shares of common stock in an amount that corresponds to the incremental percentage of the performance goal achieved in excess of 100% of target or (y) is less than 100% of target, the reporting person will surrender to the Issuer shares of common stock in an amount that corresponds to the incremental percentage of the performance goal achieved that is below 100% of target (i.e., shortfall).
  2. The price reflects a weighted average of sales made at prices ranging from $118.21 to $119.13 per share. The Reporting Person, upon request by the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, will provide full information regarding the number of shares sold at each separate price for this transaction.
  3. The price reflects a weighted average of sales made at prices ranging from $119.22 to $119.49 per share. The Reporting Person, upon request by the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, will provide full information regarding the number of shares sold at each separate price for this transaction.
  4. The price reflects a weighted average of sales made at prices ranging from $118.16 to $119.14 per share. The Reporting Person, upon request by the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, will provide full information regarding the number of shares sold at each separate price for this transaction.
  5. The price reflects a weighted average of sales made at prices ranging from $119.16 to $119.47 per share. The Reporting Person, upon request by the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, will provide full information regarding the number of shares sold at each separate price for this transaction.
  6. This Form 4 includes the reporting person's balance in the Issuer's Supplemental Executive Retirement Plan ("SERP") that is hypothetically invested in the Issuer's stock fund, representing exempt transactions in the SERP since the reporting person's initial participation therein.
  7. The investment return on contributions in the SERP is generally equal to the earnings and losses that would occur if 100% of the contributions were invested, as directed by the reporting person, among the investment alternatives available under the plan (including the Issuer's stock fund). The reporting person may change his hypothetical investment in the investment alternatives (including the Issuer's stock fund) to an alternative hypothetical investment at any time. Vested balances in the SERP are cash-settled only.
  8. Represents the aggregate number of shares of phantom stock allocated to the reporting person under the SERP as of the date hereof based on the closing price of a share of the Issuer's common stock on February 27, 2014.
  9. The vested balance in the reporting person's SERP account is payable in cash only following the six-month anniverary of a termination of employment or within 30 days following a change in control of the Issuer. Subject to the terms of the SERP, the reporting person may change his hypothetical investment in the investment alternatives (including the Issuer's stock fund) to an alternative hypothetical investment at any time.
  10. The number of shares of phantom stock allocated to the reporting person under the SERP is determined by dividing the amount of deferred eligible director compensation by the closing price of a share of Issuer common stock on each applicable award date.
  11. Acquired pursuant to the Issuer's 1994 Stock Incentive Plan, as amended (now known as the Issuer's 2013 Stock Incentive Plan).
  12. The option vested in four equal installments on each of March 2, 2007, March 2, 2008, March 2, 2009 and March 2, 2010.
  13. The option vested in four equal installments on each of March 5, 2008, March 5, 2009, March 5, 2010 and March 5, 2011.