Kevin Hourican - Aug 1, 2024 Form 4 Insider Report for SYSCO CORP (SYY)

Signature
/s/Eve M. McFadden, Attorney-in-fact
Stock symbol
SYY
Transactions as of
Aug 1, 2024
Transactions value $
$2,476,843
Form type
4
Date filed
8/2/2024, 05:29 PM
Previous filing
Mar 1, 2024
Next filing
Aug 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SYY Common Stock Award $4.08M +53.4K +15.69% $76.44 394K Aug 1, 2024 Direct F1
transaction SYY Common Stock Tax liability -$1.61M -21K -5.34% $76.44 373K Aug 1, 2024 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 2021. 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 2022 to fiscal 2024.
F2 These shares were withheld upon the vesting of performance share units to pay tax withholding obligations.