SEC Form 4

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
X	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* Grylls Jonathan AR (Last) (First) (Middle) 4 COVENTRY LANE (Street) DERRY NH 03038 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol DOVER SADDLERY INC [ DOVR ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X Director 10% Owner X Officer (give title below) Other (specify below) Chief Strategy Officer
	3. Date of Earliest Transaction (Month/Day/Year) 07/01/2015
	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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/01/2015	07/01/2015	U		179,000(1)	D	$8.5	0	D(2)

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Incentive Stock Option	$4.5	07/01/2015	07/01/2015	U			15,725	(3)	11/13/2017	Common Stock	15,725	$8.5	0	D
Non-Qualified Stock Option	$4.5	07/01/2015	07/01/2015	U			3,500	(3)	11/13/2017	Common Stock	3,500	$8.5	0	D
Incentive Stock Option	$1.24	07/01/2015	07/01/2015	U			13,220	(4)	11/20/2018	Common Stock	13,220	$8.5	0	D
Non-Qualified Stock Option	$1.24	07/01/2015	07/01/2015	U			2,940	(4)	11/20/2018	Common Stock	2,940	$8.5	0	D
Incentive Stock Option	$3.1	07/01/2015	07/01/2015	U			15,725	(5)	11/16/2020	Common Stock	15,725	$8.5	0	D
Non-Qualified Stock Option	$3.1	07/01/2015	07/01/2015	U			3,500	(5)	11/16/2020	Common Stock	3,500	$8.5	0	D
Incentive Stock Option	$3.32	07/01/2015	07/01/2015	U			15,725	(6)	11/27/2021	Common Stock	15,725	$8.5	0	D
Non-Qualified Stock Option	$3.32	07/01/2015	07/01/2015	U			3,500	(6)	11/27/2021	Common Stock	3,500	$8.5	0	D
Incentive Stock Option	$3.59	07/01/2015	07/01/2015	U			15,725	(7)	11/15/2022	Common Stock	15,725	$8.5	0	D
Non-Qualified Stock Option	$3.59	07/01/2015	07/01/2015	U			3,500	(7)	11/15/2022	Common Stock	3,500	$8.5	0	D
Incentive Stock Option	$4.9	07/01/2015	07/01/2015	U			15,725	(8)	11/19/2023	Common Stock	15,725	$8.5	0	D
Non-Qualified Stock Option	$4.9	07/01/2015	07/01/2015	U			3,500	(8)	11/19/2023	Common Stock	3,500	$8.5	0	D

Explanation of Responses:

1. This figure includes 54,735 shares of the issuer's Common Stock (the "Shares") transferred by the reporting person to The Jonathan Andrew Richard Grylls Living Trust u/d/t dated September 27, 2006 (the "Trust"), of which the reporting person is one of the Trustees. The reporting person continues to have a pecuniary interest in the Trust, as the beneficiary of the Trust, has investment control over the Shares; and as the settlor of the Trust, has the right to revoke the Trust without the consent of another person.

2. In connection with the transaction process, and after notice to the Company, Mr. Grylls terminated his 10b5-1 Plan covering the shares on or about April 13, 2015.

3. Granted on 11/14/2007 and vested on anniversary date of grant at 20% per year for five years.

4. Granted on 11/21/2008 and vested on anniversary date of grant at 20% per year for five years.

5. Granted on 11/17/2010 and vest on anniversary date of grant at 20% per year for five years. Per terms of option grant, upon a change of control, vesting of all options accelerates and occurs immediately prior to closing of transaction.

6. Granted on 11/28/2011 and vest on anniversary date of grant at 20% per year for five years. Per terms of option grant, upon a change of control, vesting of all options accelerates and occurs immediately prior to closing of transaction.

7. Granted on 11/16/2012 and vest on anniversary date of grant at 20% per year for five years. Per terms of option grant, upon a change of control, vesting of all options accelerates and occurs immediately prior to closing of transaction.

8. Granted on 11/20/2013 and vest on anniversary date of grant at 20% per year for five years. Per terms of option grant, upon a change of control, vesting of all options accelerates and occurs immediately prior to closing of transaction.

Remarks:

	/s/ Jonathan A. R. Grylls	07/02/2015
	** Signature of Reporting Person	Date
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