SEC Form 4 · accession 0000096021-15-000140
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
Dec 28, 2015
Accepted (ET)
Dec 30, 2015 · 5:08 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 Stock | Dec 28, 2015 | M | 1,800 | $27.44 | A | 42,466 | D | |
| Common StockF2 | Dec 28, 2015 | S | 1,800 | $41.30 | D | 40,666 | D | |
| Common Stock | Dec 28, 2015 | M | 36,000 | $28.87 | A | 76,666 | D | |
| Common StockF3 | Dec 28, 2015 | S | 36,000 | $41.41 | D | 40,666 | D | |
| Common Stock | Dec 28, 2015 | M | 6,000 | $27.65 | A | 46,666 | D | |
| Common StockF4 | Dec 28, 2015 | S | 6,000 | $41.26 | 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)F6,F5 | $27.44 | Dec 28, 2015 | M | 1,800 | D | — | Nov 9, 2016 | Common Stock | 1,800 | 0 | D |
| Stock Options (Right to buy)F6,F5 | $28.87 | Dec 28, 2015 | M | 36,000 | D | — | Nov 10, 2017 | Common Stock | 36,000 | 0 | D |
| Stock Options (Right to buy)F6,F5 | $27.65 | Dec 28, 2015 | M | 6,000 | D | — | Nov 14, 2018 | Common Stock | 6,000 | 23,500 | D |
Explanation of responses
- F1The exercises and sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 1, 2015.
- F2The price reported is a weighted average sale price per share of the 1,800 shares sold on this date. These shares were sold in multiple transactions at prices ranging from $41.28 to $41.32. 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 of this Form 4.
- F3The price reported is a weighted average sale price per share of the 36,000 shares sold on this date. These shares were sold in multiple transactions at prices ranging from $41.27 to $41.51. 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 of this Form 4.
- F4The price reported is a weighted average sale price per share of the 6,000 shares sold on this date. These shares were sold in multiple transactions at prices ranging from $41.22 to $41.28. 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 of this Form 4.
- F5Options are fully exercisable.
- F6Options granted by the Compensation Committee of the Company's Board of Directors pursuant to the 2007 Stock Incentive Plan, as amended.