Aaron E. Alt - Jul 29, 2022 Form 4 Insider Report for SYSCO CORP (SYY)

Signature
/s/Gerald W. Clanton
Stock symbol
SYY
Transactions as of
Jul 29, 2022
Transactions value $
-$826,629
Form type
4
Date filed
8/2/2022, 05:06 PM
Previous filing
Jun 22, 2022
Next filing
Aug 19, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SYY Common Stock Award $0 +27.6K +193.33% $0.00 41.9K Jul 29, 2022 Direct F1
transaction SYY Common Stock Tax liability -$827K -9.47K -22.6% $87.28 32.4K Jul 29, 2022 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares received upon the vesting of performance share units granted by the Compensation and Leadership Development Committee of the Company's Board of Directors (the "Committee") pursuant to the 2018 Omnibus Incentive Plan. These performance share units were granted by the Committee in August 2020. The number of shares of common stock received upon the vesting of these performance share units was determined based upon the Company's performance with regard to pre-established financial performance metrics for the performance period from fiscal 2021 to fiscal 2022.
F2 These shares were withheld upon the vesting of performance share units to pay tax withholding obligations.