Dennis Polk - May 1, 2023 Form 4 Insider Report for TD SYNNEX CORP (SNX)

Signature
/s/ Simon Y. Leung, Attorney-in-Fact
Stock symbol
SNX
Transactions as of
May 1, 2023
Transactions value $
-$268,000
Form type
4
Date filed
5/2/2023, 12:41 PM
Previous filing
Apr 4, 2023
Next filing
May 4, 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 May 1, 2023 Direct
transaction SNX Common Stock Sale -$720K -8K -5.7% $90.00 132K May 1, 2023 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 SNX Employee Stock Option (Right to Buy) Options Exercise $0 -8K -21.28% $0.00 29.6K May 1, 2023 Common Stock 8K $56.50 Direct F2
* 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 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.