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Filing Details

Accession Number:: 0001209191-20-059723
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2020-11-20 17:26:25
Reporting Period:: 2020-11-18

Accepted Time:: 2020-11-20 17:26:25
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
96021	Sysco Corp	SYY	Wholesale-Groceries & Related Products (5140)	741648137

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1345471	Trian Fund Management, L.p.	280 Park Avenue 41St Floor New York NY 10017		Yes	No	No	No
1422599	D. Joshua Frank	280 Park Avenue 41St Floor New York NY 10017		Yes	No	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2020-11-18	306,134	$72.22	24,069,169	No	4	S	Indirect	Please see explanation below
Common Stock	Disposition	2020-11-18	274,254	$73.48	23,794,915	No	4	S	Indirect	Please see explanation below
Common Stock	Disposition	2020-11-18	88,543	$74.12	23,706,372	No	4	S	Indirect	Please see explanation below
Common Stock	Disposition	2020-11-19	1,083,232	$72.06	22,623,140	No	4	S	Indirect	Please see explanation below
Common Stock	Acquisiton	2020-11-20	2,570	$0.00	4,840	No	4	A	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	Please see explanation below
No	4	S	Indirect	Please see explanation below
No	4	S	Indirect	Please see explanation below
No	4	S	Indirect	Please see explanation below
No	4	A	Direct

Footnotes

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).
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.
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.
(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.
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.
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.
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.
This grant shall vest on the first anniversary of the grant date.
Represents restricted stock issued pursuant to the 2018 Sysco Corporation Omnibus Incentive Plan.