Patrick T. Hagerty - May 30, 2023 Form 4 Insider Report for Performance Food Group Co (PFGC)

Signature
/s/ A. Brent King, as Attorney-in-Fact
Stock symbol
PFGC
Transactions as of
May 30, 2023
Transactions value $
-$111,817
Form type
4
Date filed
5/31/2023, 05:00 PM
Previous filing
Mar 1, 2023
Next filing
Jun 29, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PFGC Common Stock Sale -$70.5K -1.27K -0.83% $55.54 153K May 30, 2023 Direct F1, F2
transaction PFGC Common Stock Sale -$41.3K -730 -0.48% $56.55 152K May 30, 2023 Direct F1, 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 February 27, 2023.
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 $55.14 to $55.88. 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 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 $56.30 to $56.76. 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.

Remarks:

Title: Executive Vice President of Performance Food Group Company and Chief Commercial Officer