Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SYY | Common Stock | Award | $360K | +4.71K | +50.53% | $76.44 | 14K | Aug 1, 2024 | Direct | F1, F2 |
transaction | SYY | Common Stock | Tax liability | -$142K | -1.86K | -13.22% | $76.44 | 12.2K | Aug 1, 2024 | Direct | F3 |
Id | Content |
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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. |