Kenny K. Cheung - 10 Aug 2023 Form 4 Insider Report for SYSCO CORP (SYY)

Role
EVP and CFO
Signature
/s/Gerald W. Clanton, Attorney-in-Fact
Issuer symbol
SYY
Transactions as of
10 Aug 2023
Net transactions value
$0
Form type
4
Filing time
11 Aug 2023, 17:33:08 UTC
Previous filing
12 May 2023
Next filing
04 Jun 2024
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 +10,264 +156% $0.000000 16,828 10 Aug 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 +26,649 $0.000000 26,649 10 Aug 2023 Common Stock 26,649 $74.85 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.
F2 One-third of the restricted stock units shall vest in equal installments on 08/10/2024, 08/10/2025 and 08/10/2026, respectively.
F3 One-third of the shares covered by the grant vest and are exercisable on 8/10/2024, 8/10/2025 and 8/10/2026, respectively. No options may be exercised prior to 8/10/2024. Options will expire on 8/9/2033.
F4 Options granted by the Compensation and Leadership Development Committee of the Company's Board of Directors pursuant to the 2018 Omnibus Incentive Plan.