James Chris Jasper - 29 Jul 2022 Form 4 Insider Report for SYSCO CORP (SYY)

Role
SVP
Signature
/s/ Gerald W. Clanton, Attorney-in-fact
Issuer symbol
SYY
Transactions as of
29 Jul 2022
Net transactions value
-$853,686
Form type
4
Filing time
02 Aug 2022, 17:20:06 UTC
Previous filing
11 Feb 2022
Next filing
19 Aug 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 Award $0 +22,079 +359% $0.000000 28,227 29 Jul 2022 Direct F1
transaction SYY Common Stock Tax liability $853,686 -9,781 -35% $87.28 18,446 29 Jul 2022 Direct F2
holding SYY Common Stock 4,188 29 Jul 2022 By Trust
* 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.