Greg D. Bertrand - Feb 16, 2022 Form 4 Insider Report for SYSCO CORP (SYY)

Role
EVP
Signature
/s/ Gerald W. Clanton, Attorney-in-fact
Stock symbol
SYY
Transactions as of
Feb 16, 2022
Transactions value $
-$3,386,586
Form type
4
Date filed
2/18/2022, 04:43 PM
Previous filing
Jan 27, 2022
Next filing
Mar 15, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SYY Common Stock Options Exercise $3.07M +75.5K +233.65% $40.59 108K Feb 16, 2022 Direct F1
transaction SYY Common Stock Sale -$6.45M -75.5K -70.03% $85.43 32.3K Feb 16, 2022 Direct F1, F2
holding SYY Common Stock 1.51K Feb 16, 2022 Shares held by son #1
holding SYY Common Stock 1.62K Feb 16, 2022 Shares held by son #2
holding SYY Common Stock 1.62K Feb 16, 2022 Shares held by daughter #1
holding SYY Common Stock 1.62K Feb 16, 2022 Shares held by daughter #2

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 Option (Right to Buy) Options Exercise $0 -75.5K -100% $0.00* 0 Feb 16, 2022 Common Stock 75.5K $40.59 Direct F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The exercises and sales were effected pursuant to a Rule 10b5-1 trading plan.
F2 The price reported is a weighted average sale price per share of the 75,526 shares sold on this date. These shares were sold in multiple transactions at prices ranging from $85.00 to $85.94. The Reporting Person undertakes to provide Sysco Corporation, any security holder of Sysco Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding number of shares sold at each separate price within the ranges set forth in the footnote of this Form 4.
F3 Options are fully exercisable.
F4 Options granted by the Compensation and Leadership Development Committee of the Company's Board of Directors pursuant to the 2013 Long Term Inventive Plan, as amended.