Gregory Scott Keller - 01 Aug 2024 Form 4 Insider Report for SYSCO CORP (SYY)

Role
SVP
Signature
/s/Eve M. McFadden, Attorney-in-fact
Issuer symbol
SYY
Transactions as of
01 Aug 2024
Net transactions value
+$218,501
Form type
4
Filing time
02 Aug 2024, 17:31:06 UTC
Previous filing
13 Sep 2023
Next filing
13 Aug 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SYY Common Stock Award $360,373 +4,714 +51% $76.44 14,044 01 Aug 2024 Direct F1, F2
transaction SYY Common Stock Tax liability $141,873 -1,856 -13% $76.44 12,188 01 Aug 2024 Direct F3
* 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 Due to an inadvertent clerical error, the balances reported in the Form 3 and Form 4 both filed on September 13, 2023 were overstated by 485.264 shares.
F3 These shares were withheld upon the vesting of performance share units to pay tax withholding obligations.