Form Type: 4

SEC EDGAR Link
Accession Number:0001209191-19-056771
Date:2019-11-15
Issuer: SYSCO CORP (SYY)
Original Submission Date:

Reporting Person:

PELTZ NELSON
280 PARK AVENUE
41ST FLOOR NEW YORK, NY 10017

Reporting Person:

TRIAN FUND MANAGEMENT, L.P.
280 PARK AVENUE
41ST FLOOR NEW YORK, NY 10017

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK 2019-11-15 A 2,270 a $81.50 5,444 direct
COMMON STOCK 2019-11-15 0 $0.00 23,665,255 indirect f4
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
Footnotes
IDfootnote
f1 this grant shall vest on the first anniversary of the grant date.
f2 represents restricted stock issued pursuant to the 2018 sysco corporation omnibus incentive plan.
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 co-investment 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. mr. peltz is a member of trian fund management gp, llc, which is the general partner of trian management, and therefore is in a position to
f4 (fn 3, contd.) determine the investment and voting decisions made by trian management on behalf of the trian entities. mr. peltz is also a member of the general partner of trian partners spv xi gp, l.p. ("spv xi gp"), and is therefore in a position to determine its investment and voting decisions. accordingly, mr. peltz may be deemed to indirectly beneficially own (as that term is defined in rule 13d-3 under the securities exchange act of 1934) the shares beneficially owned by trian management and the trian entities, as well as the shares beneficially owned by spv xi gp. 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. peltz is a director of the issuer.
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