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 2017

Sep 22, 2017

30076_dirs_2017-09-22_4ebec2bf-fd90-438a-ad85-18baf0f050c7.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: 2017-09-20

Reporting Person: DeLaney William J III (Director, Chief Executive Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2017-09-20 Common Stock M 200000 $27.65 Acquired 576725 Direct
2017-09-20 Common Stock S 200000 $54.24 Disposed 376725 Direct
2017-09-21 Common Stock M 200000 $29.96 Acquired 576725 Direct
2017-09-21 Common Stock S 200000 $54.07 Disposed 376725 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2017-09-20 Stock Options (Right to buy) $27.65 M 200000 Disposed 2018-11-14 Common Stock (200000) Direct
2017-09-21 Stock Options (Right to buy) $29.96 M 200000 Disposed 2019-11-13 Common Stock (200000) Direct

Footnotes

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 200,000 shares sold on this date. These shares were sold in multiple transactions at prices ranging from $54.01 to $54.33. 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 ranges set forth in the footnote of this Form 4.

F3: The price reported is a weighted average sale price per share of the 200,000 shares sold on this date. These shares were sold in multiple transactions at prices ranging from $53.80 to $54.40. 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 ranges set forth in the footnote of this Form 4.

F4: Options are fully exercisable.

F5: Options granted by the Compensation Committee of the company's Board of Directors pursuant to the 2007 Stock Incentive Plan, as amended.