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

Role: EVP and CFO
Signature: /s/Gerald W. Clanton
Issuer symbol: SYY
Transactions as of: 29 Jul 2022
Net transactions value: -$826,629
Form type: 4
Filing time: 02 Aug 2022, 17:06:44 UTC
Previous filing: 22 Jun 2022
Next filing: 19 Aug 2022
SEC: View on sec.gov

Quoteable Key Fact

"Aaron E. Alt filed Form 4 for SYSCO CORP (SYY) on 02 Aug 2022."

Quick Takeaways

This page summarizes Aaron E. Alt's Form 4 filing for SYSCO CORP (SYY).
2 reported transactions and 0 derivative rows are listed below.
Filing timestamp: 02 Aug 2022, 17:06.

What Changed

Previous filing in this sequence was filed on 22 Jun 2022.
Current net transaction value: -$826,629.

Why This Matters

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Source Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

See Original Filing

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SYY	Common Stock	Award	$0	+27,624	+193%	$0.000000	41,913	29 Jul 2022	Direct	F1
transaction	SYY	Common Stock	Tax liability	$826,629	-9,471	-23%	$87.28	32,442	29 Jul 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.

Content

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.

These shares were withheld upon the vesting of performance share units to pay tax withholding obligations.