A. Brent King - Nov 18, 2024 Form 4 Insider Report for Performance Food Group Co (PFGC)

Signature
/s/ Jeffery W. Fender, as Attorney-in-Fact
Stock symbol
PFGC
Transactions as of
Nov 18, 2024
Transactions value $
-$1,218,394
Form type
4
Date filed
11/19/2024, 05:00 PM
Previous filing
Aug 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PFGC Common Stock Options Exercise $44.1K +1.72K +2.23% $25.74 78.6K Nov 18, 2024 Direct
transaction PFGC Common Stock Sale -$144K -1.72K -2.18% $83.79 76.9K Nov 18, 2024 Direct F1
transaction PFGC Common Stock Options Exercise $523K +19.7K +25.61% $26.57 96.6K Nov 18, 2024 Direct
transaction PFGC Common Stock Sale -$1.64M -19.7K -20.39% $83.41 76.9K Nov 18, 2024 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 PFGC Options (Right to Buy) Options Exercise $0 -1.72K -100% $0.00 0 Nov 18, 2024 Common Stock 1.72K $25.74 Direct F3
transaction PFGC Options (Right to Buy) Options Exercise $0 -19.7K -100% $0.00 0 Nov 18, 2024 Common Stock 19.7K $26.57 Direct 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 sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan established by the reporting person on August 19, 2024.
F2 The price reported in Column 4 is a weighted average price of all shares sold. The shares were sold in multiple transactions at prices ranging in price from $82.94 to $83.83. The reporting person undertakes to provide to Performance Food Group Company, any security holder of Performance Food Group Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 An option that is fully vested.

Remarks:

Executive Vice President, General Counsel and Secretary