Andrew E. Iacobucci - Mar 23, 2023 Form 4 Insider Report for US Foods Holding Corp. (USFD)

Role
Senior EVP
Signature
/s/ Stephanie D. Miller, Attorney In Fact
Stock symbol
USFD
Transactions as of
Mar 23, 2023
Transactions value $
-$1,604,252
Form type
4
Date filed
3/27/2023, 04:04 PM
Previous filing
Nov 15, 2022
Next filing
Mar 29, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction USFD Common Stock Tax liability -$843K -24.1K -15.57% $35.02 131K Mar 23, 2023 Direct F1
transaction USFD Common Stock Sale -$761K -22K -16.82% $34.67 109K Mar 24, 2023 Direct F2
* 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 Includes 187 shares of the Issuer's common stock not previously reported that were acquired by the Reporting Person through the Issuer's Employee Stock Purchase Plan.
F2 The sale transaction described on this line was effected pursuant to a written plan that was entered by the reporting person on November 11, 2022 and is intended to satisfy the affirmative defense conditions of Rule 10b5-1(C).