Pietro Satriano - 17 May 2022 Form 4 Insider Report for US Foods Holding Corp. (USFD)

Reporting relationship: Director
Issuer ticker: USFD
Reported as of: 17 May 2022
Net transaction value: -$2,064,000
SEC form: 4
Accepted by SEC: 19 May 2022, 18:05:56 UTC
Prior SEC filing: 31 Mar 2022
Next SEC filing: 05 Jul 2022
Source filing: View source filing
Reporting owner signature: /s/ McLaurin Files, Attorney-in-Fact

Key filing fact

Pietro Satriano filed Form 4 for US Foods Holding Corp. (USFD) on 19 May 2022.

Key facts

This page summarizes Pietro Satriano's Form 4 filing for US Foods Holding Corp. (USFD).
6 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 19 May 2022, 18:05.

Change

Previous filing in this sequence was filed on 31 Mar 2022.
Current net transaction value: -$2,064,000.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

USFD transaction

Common Stock

Options Exercise

Transaction value: $797,400
Shares: +60,000
Change %: +10%
Price: $13.29
Shares after: 654,159
Date: 17 May 2022
Ownership: Direct

USFD transaction

Common Stock

Sale

Transaction value: $2,059,800
Shares: -60,000
Change %: -9.2%
Price: $34.33
Shares after: 594,159
Date: 17 May 2022
Ownership: Direct
Footnotes: F1

USFD transaction

Common Stock

Options Exercise

Transaction value: $531,600
Shares: +40,000
Change %: +6.7%
Price: $13.29
Shares after: 634,159
Date: 18 May 2022
Ownership: Direct

USFD transaction

Common Stock

Sale

Transaction value: $1,333,200
Shares: -40,000
Change %: -6.3%
Price: $33.33
Shares after: 594,159
Date: 18 May 2022
Ownership: Direct
Footnotes: F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

USFD transaction Derivative

Employee Stock Option (right to buy)

Options Exercise

Transaction value: $0
Shares: -60,000
Change %: -45%
Price: $0.000000
Shares after: 73,561
Date: 17 May 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 60,000
Exercise price: $13.29
Footnotes: F3

USFD transaction Derivative

Employee Stock Option (right to buy)

Options Exercise

Transaction value: $0
Shares: -40,000
Change %: -54%
Price: $0.000000
Shares after: 33,561
Date: 18 May 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 40,000
Exercise price: $13.29
Footnotes: F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Pietro Satriano is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 3 footnotes

Footnote F1

The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $34.33 to $34.48, inclusive. The Reporting Person undertakes to provide full information regarding the number of shares sold at each separate price in the range, upon request, to the Issuer any security holder of the Issuer, and the Securities and Exchange Commission.

Footnote F2

The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.28 to $34.04, inclusive. The Reporting Person undertakes to provide full information regarding the number of shares sold at each separate price in the range, upon request, to the Issuer any security holder of the Issuer, and the Securities and Exchange Commission.

Footnote F3

The stock option was granted on March 23, 2020 and one-third installments vested and became exercisable on each of March 23, 2021 and 2022.