Cathy Marie Robinson - Aug 30, 2021 Form 4 Insider Report for SYSCO CORP (SYY)

Role
EVP
Signature
/s/ Gerald W. Clanton, Attorney-in-fact
Stock symbol
SYY
Transactions as of
Aug 30, 2021
Transactions value $
-$497,534
Form type
4
Date filed
10/1/2021, 05:31 PM
Previous filing
Aug 23, 2021
Next filing
Sep 3, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SYY Common Stock Options Exercise $100K +2.14K +7.83% $46.69 29.5K Aug 30, 2021 Direct F1
transaction SYY Common Stock Tax liability -$99.9K -1.25K -4.22% $80.25 28.2K Aug 30, 2021 Direct F2
transaction SYY Common Stock Options Exercise $1.3M +27.8K +98.3% $46.69 56K Aug 30, 2021 Direct F1
transaction SYY Common Stock Sale -$1.66M -20.7K -37.03% $80.29 35.3K Aug 30, 2021 Direct F1
transaction SYY Common Stock Options Exercise $850K +14.6K +41.48% $58.08 49.9K Aug 30, 2021 Direct F1
transaction SYY Common Stock Sale -$978K -12.2K -24.42% $80.29 37.7K Aug 30, 2021 Direct F1, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SYY Stock Options (Right to buy) Options Exercise $0 -29.9K -33.33% $0.00 59.8K Aug 30, 2021 Common Stock 29.9K $46.69 Direct F4, F5
transaction SYY Stock Options (Right to buy) Options Exercise $0 -14.6K -33.33% $0.00 29.3K Aug 30, 2021 Common Stock 14.6K $58.08 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These exercises and sales were effected pursuant to Rule 10b5-1 trading plan.
F2 Transaction involved the surrender of previously-owned shares to the issuer as payment of the option exercise price and tax withholding obligations.
F3 The number of shares reported in Column 5 is the number of shares beneficially owned as of the date of this filing and takes into account transactions reported on Form 4 since the date of the transaction reported herein. Form 4s filed by the reporting person after August 30, 2021, and before the date on which this Form 4 was filed, incorrectly underreported total ownership by 10,363 shares.
F4 Options are fully exercisable.
F5 Options granted by the Compensation and Leadership Development Committee of the Company's Board of Directors pursuant to the 2018 Omnibus Incentive Plan.