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

Role
EVP
Signature
/s/ Gerald W. Clanton, Attorney-in-fact
Issuer symbol
SYY
Transactions as of
16 Feb 2022
Net transactions value
-$3,386,586
Form type
4
Filing time
18 Feb 2022, 16:43:26 UTC
Previous filing
27 Jan 2022
Next filing
15 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SYY Common Stock Options Exercise $3,065,600 +75,526 +234% $40.59 107,850 16 Feb 2022 Direct F1
transaction SYY Common Stock Sale $6,452,186 -75,526 -70% $85.43 32,324 16 Feb 2022 Direct F1, F2
holding SYY Common Stock 1,508 16 Feb 2022 Shares held by son #1
holding SYY Common Stock 1,618 16 Feb 2022 Shares held by son #2
holding SYY Common Stock 1,618 16 Feb 2022 Shares held by daughter #1
holding SYY Common Stock 1,622 16 Feb 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 -75,526 -100% $0.000000* 0 16 Feb 2022 Common Stock 75,526 $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.