SEC Form 4 · accession 0001665918-19-000019
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
Mar 1, 2019
Accepted (ET)
Mar 5, 2019 · 5:02 pm EST
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 | Mar 1, 2019 | M | 13,889 | $12.56 | A | 211,408 | D | |
| Common Stock | Mar 1, 2019 | M | 72,842 | $14.58 | A | 284,250 | D | |
| Common StockF1 | Mar 1, 2019 | S | 86,731 | $34.92 | D | 197,519 | 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 | Mar 1, 2019 | M | 13,889 | D | — | Aug 21, 2025 | Common Stock | 13,889 | 0 | D |
| Employee Stock Option (right to buy)F3 | $14.58 | Mar 1, 2019 | M | 36,421 | D | — | Nov 16, 2025 | Common Stock | 36,421 | 0 | D |
| Employee Stock Option (right to buy)F4 | $14.58 | Mar 1, 2019 | M | 36,421 | D | — | Nov 16, 2025 | Common Stock | 36,421 | 36,422 | D |
Explanation of responses
- F1The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $34.82 to $35.02, 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, and the Securities and Exchange Commission.
- F2The stock option was granted on August 21, 2015 and vests annually in four equal installments beginning on December 31, 2015.
- F3The stock option was awarded on November 16, 2015 and vests annually in four equal installments beginning on June 3, 2016, subject to achievement of an annual performance goal. The performance goal for 2017 was met, and this installment was earned and vested on June 3, 2018.
- F4The stock option was granted on November 16, 2015 and vests annually in four equal installments beginning on June 3, 2016.