Marshall Witt - 15 Aug 2023 Form 4 Insider Report for TD SYNNEX CORP (SNX)

Signature
/s/ Cheryl Grant, attorney-in-fact
Issuer symbol
SNX
Transactions as of
15 Aug 2023
Net transactions value
-$71,315
Form type
4
Filing time
17 Aug 2023, 13:30:05 UTC
Previous filing
18 Jul 2023
Next filing
18 Sep 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNX Common Stock Options Exercise $34,819 +1,082 +2.1% $32.18 51,975 15 Aug 2023 Direct
transaction SNX Common Stock Sale $106,133 -1,082 -2.1% $98.09 50,893 15 Aug 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 -1,082 -84% $0.000000 205 15 Aug 2023 Common Stock 1,082 $32.18 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 July 20, 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.