SEC Form 4 · accession 0001665918-18-000066
US Foods Holding Corp. · USFD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Pietro Satriano
Officer — Chairman & CEO · Director
Period of report
May 9, 2018
Accepted (ET)
May 10, 2018 · 6:08 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001665918
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | May 9, 2018 | M | 13,888 | $12.56 | A | 191,593 | D | |
| Common Stock | May 9, 2018 | M | 145,686 | $14.58 | A | 337,279 | D | |
| Common StockF1 | May 9, 2018 | S | 159,574 | $34.04 | D | 177,705 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F2 | $12.56 | May 9, 2018 | M | 13,888 | D | — | Aug 21, 2025 | Common Stock | 13,888 | 0 | D |
| Employee Stock Option (right to buy)F3 | $14.58 | May 9, 2018 | M | 72,842 | D | — | Nov 16, 2025 | Common Stock | 72,842 | 0 | D |
| Employee Stock Option (right to buy)F4 | $14.58 | May 9, 2018 | M | 72,844 | D | — | Nov 16, 2025 | Common Stock | 72,844 | 72,843 | D |
Explanation of responses
- F1The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.20 to $34.59, 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, or the Securities and Exchange Commission.
- F2The stock options were granted on August 21, 2015 and vested and became exercisable on December 31, 2017 based on satisfaction of certain performance-based criteria for the 2017 fiscal year.
- F3The stock options were granted on November 16, 2015 and vested and became exercisable on June 3, 2016 and 2017 based on satisfaction of certain performance-based criteria for each of the 2015 and 2016 fiscal years, respectively.
- F4The stock options were granted on November 16, 2015 and vest and become exercisable in four equal annual installments beginning on June 3, 2016.