Eve M. McFadden - Nov 1, 2024 Form 4 Insider Report for SYSCO CORP (SYY)

Signature
/s/Boyd Chapin, Attorney-in-Fact
Stock symbol
SYY
Transactions as of
Nov 1, 2024
Transactions value $
-$146,144
Form type
4
Date filed
11/4/2024, 05:00 PM
Previous filing
Sep 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SYY Common Stock Options Exercise $157K +4.04K +8.33% $38.89 52.5K Nov 1, 2024 Direct F1
transaction SYY Common Stock Sale -$303K -4.04K -7.69% $75.10 48.5K Nov 1, 2024 Direct F1

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 Option (Right to Buy) Options Exercise $0 -4.04K -100% $0.00 0 Nov 1, 2024 Common Stock 4.04K $38.89 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The exercises and sales were effected pursuant to a Rule 10b5-1 trading plan.
F2 Options are fully exercisable.
F3 Options granted by the Compensation and Leadership Development Committee of the Company's Board of Directors pursuant to the 2013 Long Term Incentive Plan, as amended.