SEC Form 4 · accession 0000096021-15-000128
SYSCO CORP · SYY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joel T. Grade
Officer — EVP and CFO
Period of report
Nov 17, 2015
Accepted (ET)
Nov 19, 2015 · 7:52 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000096021
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Nov 17, 2015 | A | 13,473 | $0.00 | A | 42,313 | D | |
| Common StockF2 | Nov 18, 2015 | F | 1,647 | $40.48 | D | 40,666 | D | |
| Common Stock | holding | — | — | — | 288 | I | Held in trust for son. |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (Right to buy)F4,F3 | $40.59 | Nov 17, 2015 | A | 151,646 | A | — | Nov 17, 2025 | Common Stock | 151,646 | 151,646 | D |
Explanation of responses
- F1Restricted stock units granted by the Compensation Committee of the Company's Board of Directors pursuant to the 2013 Long Term Incentive Plan.
- F2These shares were withheld upon the vesting of restricted stock units to pay tax withholding obligations.
- F3One-Fifth of the shares covered by the grant vest and are exercisable on 11/17/2016, 11/17/2017, 11/17/2018, 11/17/2019, 11/17/2020, respectively. No options may be exercised prior to 11/17/2016. Options will expire on 11/17/2025.
- F4Options granted by the Compensation Committee of the Company's Board of Directors pursuant to the 2013 Long Term Incentive Plan.