Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

SYSCO CORP Director's Dealing 2016

Nov 17, 2016

30076_dirs_2016-11-16_f7cae39b-7cbf-4ea2-863e-eb602040d783.zip

Director's Dealing

Open in viewer

Opens in your device viewer

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SYSCO CORP (SYY)
CIK: 0000096021
Period of Report: 2016-11-14

Reporting Person: Grade Joel T. (EVP and CFO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2016-11-14 Common Stock M 16338 $29.96 Acquired 61563.27 Direct
2016-11-14 Common Stock S 16338 $53.49 Disposed 45225.27 Direct
2016-11-15 Common Stock M 1100 $29.96 Acquired 46325.27 Direct
2016-11-15 Common Stock M 7790 $27.65 Acquired 54115.27 Direct
2016-11-15 Common Stock S 7790 $53.49 Disposed 46325.27 Direct
2016-11-15 Common Stock F 1502 $53.49 Disposed 44823.27 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2016-11-14 Stock Options (Right to buy) $29.96 M 16338 Disposed 2019-11-13 Common Stock (16338) Direct
2016-11-15 Stock Options (Right to buy) $29.96 M 1100 Disposed 2019-11-13 Common Stock (1100) Direct
2016-11-15 Stock Options (Right to buy) $27.65 M 7790 Disposed 2018-11-14 Common Stock (7790) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 249.317 Indirect

Footnotes

F1: The exercise and sale were effected pursuant to a Rule 10b5-1 trading plan.

F2: The price reported is a weighted average sale price per share of the 16,338 shares sold on this date. These shares were sold in multiple transactions at prices ranging from $53.00 to $53.84. The Reporting Person undertakes to provide to Sysco Corporation, any security holder of Sysco Corporation, 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 ranges set forth in the footnote to this Form 4.

F3: The exercise was effected pursuant to a Rule 10b5-1 Plan.

F4: The price reported is a weighted average sale price per share of the 7,790 shares sold on this date. These shares were sold in multiple transactions at prices ranging from $53.36 to $53.60. The Reporting Person undertakes to provide to Sysco Corporation, any security holder of Sysco Corporation, 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 ranges set forth in the footnote to this Form 4.

F5: These shares were withheld upon the vesting of restricted stock units to pay tax withholding obligations.

F6: Options are fully exercisable.

F7: Options granted by the Compensation Committee of the Company's Board of Directors pursuant to the 2007 Stock Incentive Plan, as amended.