SEC Form 4 · accession 0000096021-16-000244
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
Jul 13, 2016
Accepted (ET)
Jul 15, 2016 · 4:46 pm EDT
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 | Jul 13, 2016 | M | 16,368 | $29.96 | A | 60,031 | D | |
| Common StockF2 | Jul 13, 2016 | S | 16,368 | $52.01 | D | 43,663 | D | |
| Common Stock | Jul 14, 2016 | M | 1,069 | $29.96 | A | 44,732 | D | |
| Common Stock | holding | — | — | — | 247 | 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)F5,F4 | $29.96 | Jul 13, 2016 | M | 16,368 | D | — | Nov 13, 2019 | Common Stock | 16,368 | 35,945 | D |
| Stock Options (Right to buy)F5,F4 | $29.96 | Jul 14, 2016 | M | 1,069 | D | — | Nov 13, 2019 | Common Stock | 1,069 | 34,876 | D |
Explanation of responses
- F1The exercise and sale were effected pursuant to a Rule 10b5-1 trading plan.
- F2The price reported is a weighted average sale price per share of the 16,368 shares sold on this date. These shares were sold in multiple transactions at prices ranging from $52.00 to $52.01. 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 to this Form 4.
- F3The exercise was effected pursuant to a Rule 10b5-1 Plan.
- F4Options are fully exercisable.
- F5Options granted by the Compensation Committee of the Company's Board of Directors pursuant to the 2007 Stock Incentive Plan, as amended.