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SYSCO CORP — Director's Dealing 2016
Jan 21, 2016
30076_dirs_2016-01-21_8699a021-5751-4eac-af25-9818099d5ebb.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: SYSCO CORP (SYY)
CIK: 0000096021
Period of Report: 2016-01-15
Reporting Person: DeLaney William J III (Director, Chief Executive Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-01-15 | Common Stock | M | 16100 | $23.36 | Acquired | 422572 | Direct |
| 2016-01-15 | Common Stock | S | 16100 | $39.54 | Disposed | 406472 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-01-15 | Stock Options (Right to buy) | $23.36 | M | 16100 | Disposed | 2016-02-10 | Common Stock (16100) | Direct |
Footnotes
F1: The exercises and sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 14, 2015 for options expiring in the near term.
F2: The price reported is a weighted average sale price per share of the 16,100 shares sold on this date. These shares were sold in multiple transactions at prices ranging from $39.37 to $39.71. 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: Options are fully exercisable.
F4: Options granted by the Compensation Committee of the company's Board of Directors pursuant to the 2007 Stock Incentive Plan, as amended.