Dennis Polk - Apr 3, 2023 Form 4 Insider Report for TD SYNNEX CORP (SNX)

Role
Executive Chair, Director
Signature
/s/ Simon Y. Leung, Attorney-in-Fact
Stock symbol
SNX
Transactions as of
Apr 3, 2023
Transactions value $
-$323,169
Form type
4
Date filed
4/4/2023, 06:48 PM
Previous filing
Mar 27, 2023
Next filing
May 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNX Common Stock Options Exercise $452K +8K +6.04% $56.50 140K Apr 3, 2023 Direct
transaction SNX Common Stock Sale -$464K -4.8K -3.42% $96.78 136K Apr 3, 2023 Direct F1, F2
transaction SNX Common Stock Sale -$311K -3.2K -2.36% $97.07 132K Apr 3, 2023 Direct F1, F3

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 SNX Employee Stock Option (Right to Buy) Options Exercise $0 -8K -17.55% $0.00 37.6K Apr 3, 2023 Common Stock 8K $56.50 Direct F4
* 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 These sales were effectuated pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on January 24, 2022.
F2 Represents the weighted average sales price for a number of transactions effected at prices ranging from $96.30 to $96.99. The reporting person has provided to the issuer, and undertakes to provide upon request to the SEC staff, or any security holder of the issuer, information regarding the number of shares sold at each separate price within the range.
F3 Represents the weighted average sales price for a number of transactions effected at prices ranging from $97 to $97.21. The reporting person has provided to the issuer, and undertakes to provide upon request to the SEC staff, or any security holder of the issuer, information regarding the number of shares sold at each separate price within the range.
F4 This stock option vests as to 20% of the shares on the first anniversary of the date of grant and vests as to 1/60th of the shares monthly thereafter.