Greg D. Bertrand - Jan 2, 2025 Form 4 Insider Report for SYSCO CORP (SYY)

Role
EVP
Signature
/s/Boyd Chapin, Attorney-in-Fact
Stock symbol
SYY
Transactions as of
Jan 2, 2025
Transactions value $
-$1,404,704
Form type
4
Date filed
1/3/2025, 05:27 PM
Previous filing
Dec 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SYY Common Stock Sale -$329K -4.28K -7.06% $77.00 56.3K Jan 2, 2025 Direct F1
transaction SYY Common Stock Options Exercise $2.29M +43.8K +77.7% $52.42 100K Jan 2, 2025 Direct F1
transaction SYY Common Stock Sale -$3.37M -43.8K -43.73% $77.00 56.3K Jan 2, 2025 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SYY Stock Options (Right to buy) Options Exercise $0 -43.8K -100% $0.00 0 Jan 2, 2025 Common Stock 43.8K $52.42 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The exercises and sales were effected pursuant to a Rule 10b5-1 trading plan.
F2 Options are fully exercisable.
F3 Options granted by the Compensation and Leadership Development Committee of the Company's Board of Directors pursuant to the 2013 Long Term Incentive Plan, as amended.