Form 4 for UNFI UNITED NATURAL FOODS INC
Accepted 2022-09-27 00:00:00 ET · period of report 2022-09-25 · accession 0001020859-22-000049 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2022-09-27 | 2022-09-25 | UNFI | Dorne Eric A. | COO | M - OptEx | $0.00 | +3,641 | 76.6K | +5% | $0 |
| DM | 2022-09-27 | 2022-09-25 | UNFI | Dorne Eric A. | COO | F - Tax | $38.94 | -1,014 | 76.7K | -1% | -$39.5K |
| DM | 2022-09-27 | 2022-09-25 | UNFI | Dorne Eric A. | COO | M - OptEx | $0.00 | -3,641 | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-09-25 | M | A | 1,059 | $0.00 | 76,956 | D | — | — | (F1) Restricted stock units ("RSUs") convert into common stock on a one-for-one basis. Accordingly, there was no purchase price paid by the reporting person. |
| 2 | Common | Common Stock | 2022-09-25 | F | D | 719 | $38.94 | 75,897 | D | — | — | (F3) Shares retained by the Company for the payment of withholding taxes in connection with the vesting. |
| 3 | Common | Common Stock | 2022-09-25 | F | D | 295 | $38.94 | 76,661 | D | — | — | (F3) Shares retained by the Company for the payment of withholding taxes in connection with the vesting. |
| 4 | Common | Common Stock | 2022-09-25 | M | A | 2,582 | $0.00 | 76,616 | D | — | — | (F1) Restricted stock units ("RSUs") convert into common stock on a one-for-one basis. Accordingly, there was no purchase price paid by the reporting person. (F2) United Natural Foods, Inc. (the "Company") revised its method of reporting RSUs to report such grants in Table I rather than as previously reported in Table II. Accordingly, amount includes 60,026 unvested RSUs previously reported in Table II. |
| 5 | Derivative | Restricted Stock Unit | 2022-09-25 | M | D | 1,059 | $0.00 | 0 | D | — · — to — | 1,059 Common Stock | (F4) Each RSU represents the right to receive one share of the Company's common stock upon vesting in accordance with the terms of the reporting person's restricted stock unit agreement. (F6) This RSU award was granted on December 11, 2018 and vests in four equal annual installments beginning on September 25, 2019. This Form 4 reflects the vesting of this RSU on September 25, 2022 as to 100% of the original grant amount. |
| 6 | Derivative | Restricted Stock Unit | 2022-09-25 | M | D | 2,582 | $0.00 | 0 | D | — · — to — | 2,582 Common Stock | (F4) Each RSU represents the right to receive one share of the Company's common stock upon vesting in accordance with the terms of the reporting person's restricted stock unit agreement. (F5) This RSU award was granted on September 25, 2018 and vests in four equal annual installments beginning on the first anniversary of the date of grant. This Form 4 reflects the vesting of this RSU on September 25, 2022 as to 100% of the original grant amount. |