Kenny K. Cheung - May 11, 2023 Form 4 Insider Report for SYSCO CORP (SYY)

Role
EVP and CFO
Signature
/s/Gerald W. Clanton, Attorney-in-Fact
Stock symbol
SYY
Transactions as of
May 11, 2023
Transactions value $
$0
Form type
4
Date filed
5/12/2023, 05:29 PM
Previous filing
Apr 21, 2023
Next filing
Aug 11, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SYY Common Stock Award $0 +6.56K $0.00 6.56K May 11, 2023 Direct F1, F2

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 Options (Right to buy) Award $0 +35.9K $0.00 35.9K May 11, 2023 Common Stock 35.9K $75.75 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units granted by the Compensation and Leadership Development Committee of the Company's Board of Directors pursuant to the 2018 Omnibus Incentive Plan. This award of restricted stock units was made in connection with the reporting person's hiring as the Company's Executive Vice President and Chief Financial Officer, effective April 17, 2023.
F2 One-third of the restricted stock units shall vest in equal installments on 06/01/2024, 06/01/2025 and 06/01/2026, respectively.
F3 One-third of the shares covered by the grant vest and are exercisable on 05/11/2024, 05/11/2025 and 05/11/2026, respectively. No options may be exercised prior to 05/11/2024. Options will expire on 05/10/2033.
F4 Options granted by the Compensation and Leadership Development Committee of the Company's Board of Directors pursuant to the 2018 Omnibus Incentive Plan.