SEC Form 4/A · accession 0000096021-16-000395
SYSCO CORP · SYY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
William B. Day
Officer — Executive Vice President
Period of report
May 18, 2016
Accepted (ET)
Dec 2, 2016 · 4:55 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 StockF2,F3 | May 18, 2016 | S | 20,500 | $48.87 | D | 88,544 | D | |
| Common StockF3 | May 18, 2016 | M | 15,400 | $27.44 | A | 103,944 | D | |
| Common StockF5,F3 | May 18, 2016 | S | 11,756 | $48.93 | D | 92,188 | D | |
| Common StockF3 | May 18, 2016 | M | 71,400 | $28.87 | A | 163,588 | D | |
| Common StockF6,F3 | May 18, 2016 | S | 67,937 | $48.87 | D | 95,651 | D | |
| Common StockF3 | May 18, 2016 | F | 4,055 | $49.30 | D | 91,596 | D | |
| Common StockF3 | May 18, 2016 | M | 37,500 | $27.65 | A | 129,096 | D | |
| Common StockF8,F3 | May 18, 2016 | S | 37,500 | $48.85 | D | 91,596 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 11, 2016.
- F2The price reported is a weighted average sale price of the 20,500 shares sold on this date. These shares were sold in multiple transactions at prices ranging from $48.53 to $49.21. 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.
- F3On May 20, 2016, the reporting person filed a Form 4 that inadvertently overstated the number of shares of common stock directly beneficially owned by the reporting person in Column 5 of Table I by 34,687 shares. This amendment is being filed to correct the number of shares reported in Column 5. All of the Forms 4 filed by the reporting person between May 20, 2016 and October 4, 2016 similarly overstated the total number of shares directly beneficially owned by the reporting person in Column 5 by 34,687 shares and should be deemed amended by the filing of this amendment. As of the filing of this amendment, the reporting person directly beneficially owns 70,402 shares of common stock.
- F4The exercises and sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 2, 2016.
- F5The price reported is a weighted average sale price of the 11,756 shares sold on this date. These shares were sold in multiple transactions at prices ranging from $48.53 to $49.22. 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.
- F6The price reported is a weighted average sale price of the 67,937 shares sold on this date. These shares were sold in multiple transactions at prices ranging from $48.52 to $49.22. 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.
- F7Represents previously-owned shares having a fair market value of $49.30 per share that were delivered by the Reporting Person in payment of the option exercise price.
- F8The price reported is a weighted average sale price of the 37,500 shares sold on this date. These shares were sold in multiple transactions at prices ranging from $48.52 to $49.20. 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.