Kevin Hourican - Oct 24, 2022 Form 4 Insider Report for SYSCO CORP (SYY)

Role
President and CEO, Director
Signature
/s/ Gerald W. Clanton, Attorney-in-fact
Stock symbol
SYY
Transactions as of
Oct 24, 2022
Transactions value $
-$1,735,940
Form type
4
Date filed
10/25/2022, 05:07 PM
Previous filing
Sep 2, 2022
Next filing
Aug 11, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SYY Common Stock Options Exercise $4.36M +75K +24.71% $58.08 379K Oct 24, 2022 Direct F1
transaction SYY Common Stock Sale -$6.09M -75K -19.81% $81.22 304K Oct 24, 2022 Direct F1, F2

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 SYY Stock Options (Right to buy) Options Exercise $0 -75K -50% $0.00 75K Oct 24, 2022 Common Stock 75K $58.08 Direct F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The exercises and sales were effected pursuant to a Rule 10b5-1 trading plan.
F2 The price reported is a weighted average sale price per share of the 75,019 shares sold on this date. These shares were sold in multiple transactions at prices ranging from $80.37 to $81.82. The Reporting Person undertakes to provide Sysco Corporation, any security holder of Sysco Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding number of shares sold at each separate price within the ranges set forth in the footnote of this Form 4.
F3 Options are fully exercisable.
F4 Options granted by the Compensation and Leadership Development Committee of the Company's Board of Directors pursuant to the 2018 Omnibus Incentive Plan.