4//SEC Filing
Frank Joshua D. 4
Accession 0001209191-20-059723
CIK 0000096021other
Filed
Nov 19, 7:00 PM ET
Accepted
Nov 20, 5:26 PM ET
Size
17.5 KB
Accession
0001209191-20-059723
Insider Transaction Report
Form 4
SYSCO CORPSYY
Trian Fund Management, L.P.
Director
Transactions
- Sale
Common Stock
2020-11-18$72.22/sh−306,134$22,107,742→ 24,069,169 total(indirect: Please see explanation below) - Sale
Common Stock
2020-11-18$73.48/sh−274,254$20,152,924→ 23,794,915 total(indirect: Please see explanation below) - Sale
Common Stock
2020-11-18$74.12/sh−88,543$6,563,064→ 23,706,372 total(indirect: Please see explanation below) - Sale
Common Stock
2020-11-19$72.06/sh−1,083,232$78,061,381→ 22,623,140 total(indirect: Please see explanation below) - Award
Common Stock
2020-11-20+2,570→ 4,840 total
Frank Joshua D.
Director
Transactions
- Sale
Common Stock
2020-11-18$73.48/sh−274,254$20,152,924→ 23,794,915 total(indirect: Please see explanation below) - Sale
Common Stock
2020-11-19$72.06/sh−1,083,232$78,061,381→ 22,623,140 total(indirect: Please see explanation below) - Sale
Common Stock
2020-11-18$72.22/sh−306,134$22,107,742→ 24,069,169 total(indirect: Please see explanation below) - Sale
Common Stock
2020-11-18$74.12/sh−88,543$6,563,064→ 23,706,372 total(indirect: Please see explanation below) - Award
Common Stock
2020-11-20+2,570→ 4,840 total
Footnotes (9)
- [F1]Primarily represents sales of shares made in connection with the expiration this year of a multi-year lockup period of a Trian Entity (as defined below).
- [F2]The price shown in Column 4 is a weighted average sale price. The price range for the sales is $72.00 to $72.99. The Reporting Person undertake to provide upon request by the staff of the Securities and Exchange Commission, the Issuer or a security holder of the Issuer, full information regarding the number of shares purchased at each separate price.
- [F3]Trian Fund Management, L.P. ("Trian Management") serves as the management company for Trian Partners, L.P., Trian Partners Master Fund, L.P., Trian Partners Parallel Fund I, L.P., Trian Partners Strategic Investment Fund II, L.P., Trian Partners Strategic Investment Fund-A, L.P., Trian Partners CoInvestment Fund-A, L.P., Trian Partners Strategic Investment Fund-N, L.P., Trian Partners Strategic Investment Fund-D, L.P., Trian Partners Fund (Sub)-G,L.P., Trian Partners Strategic Fund-G II, L.P., Trian Partners Strategic Fund G-III, L.P., Trian Partners Co-Investment Opportunities Fund, Ltd., Trian Partners Strategic Fund-K, L.P. and Trian Partners Strategic Fund-C, Ltd. (collectively, the "Trian Entities") and as such determines the investment and voting decisions of the Trian Entities with respect to the shares of the Issuer held by them.
- [F4](FN 3, contd.) Mr. Frank is a limited partner of Trian Partners SPV XI GP, L.P. ("SPV XI GP") and certain affiliates of the Trian Entities and therefore may be deemed to have an indirect interest in the shares held by SPV XI GP, the Trian Entities and Trian Management. The Reporting Persons disclaim beneficial ownership of such shares except to the extent of their respective pecuniary interests therein and this report shall not be deemed an admission that the Reporting Persons are the beneficial owner of such securities for purposes of Section 16 or for any other purpose. Mr. Frank is a director of the Issuer.
- [F5]The price shown in Column 4 is a weighted average sale price. The price range for the sales is $73.01 to $73.92. The Reporting Person undertake to provide upon request by the staff of the Securities and Exchange Commission, the Issuer or a security holder of the Issuer, full information regarding the number of shares purchased at each separate price.
- [F6]The price shown in Column 4 is a weighted average sale price. The price range for the sales is $74.07 to $74.575. The Reporting Person undertake to provide upon request by the staff of the Securities and Exchange Commission, the Issuer or a security holder of the Issuer, full information regarding the number of shares purchased at each separate price.
- [F7]The price shown in Column 4 is a weighted average sale price. The price range for the sales is $72.00 to $72.56. The Reporting Person undertake to provide upon request by the staff of the Securities and Exchange Commission, the Issuer or a security holder of the Issuer, full information regarding the number of shares purchased at each separate price.
- [F8]This grant shall vest on the first anniversary of the grant date.
- [F9]Represents restricted stock issued pursuant to the 2018 Sysco Corporation Omnibus Incentive Plan.
Documents
Issuer
SYSCO CORP
CIK 0000096021
Entity typeother
Related Parties
1- filerCIK 0001422599
Filing Metadata
- Form type
- 4
- Filed
- Nov 19, 7:00 PM ET
- Accepted
- Nov 20, 5:26 PM ET
- Size
- 17.5 KB