Form 4 for UNF UNIFIRST CORP
Accepted 2022-11-30 00:00:00 ET · period of report 2022-11-27 · accession 0001209191-22-059099 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-11-30 | 2022-11-28 | UNF | Sintros Steven S | Pres, CEO, Dir | A - Grant | $0.00 | +3,937 | 22.9K | +21% | $0 |
| D | 2022-11-30 | 2022-11-27 | UNF | Sintros Steven S | Pres, CEO, Dir | F - Tax | $192.06 | -380 | 19.0K | -2% | -$73.0K |
| D | 2022-11-30 | 2022-11-28 | UNF | Sintros Steven S | Pres, CEO, Dir | A - Grant | $0.00 | +5,588 | 5,588 | New | $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 | 2022-11-28 | A | A | 3,937 | $0.00 | 22,917 | D | — | — | (F2) Represents restricted stock units granted under the UniFirst Corporation Amended and Restated 2010 Stock Option and Incentive Plan (the "2010 Plan"). Such restricted stock units vest in five equal annual installments on October 31, 2023, October 31, 2024, October 31, 2025, October 31, 2026 and October 31, 2027. (F3) Consists of (i) 11,208 shares of Common Stock owned by the reporting person, (ii) 856 restricted stock units that will vest in one remaining annual installment on November 27, 2023,(iii) 605 restricted stock units that will vest on December 14, 2022, (iv) 1,392 restricted stock units that will vest in two remaining equal annual installments on October 29, 2023 and October 29, 2024, (v) 1,934 restricted stock units that will vest in three remaining equal annual installments on November 19, 2023, November 19, 2024 and November 19, 2025, (vi) 2,985 restricted stock units that vest in four remaining equal annual installments on October 31, 2023, October 31, 2024, October 31, 2025 and October 31, 2026 and (vii) 3,937 restricted stock units that vest in five equal annual installments on October 31, 2023, October 31, 2024, October 31, 2025, October 31, 2026 and October 31, 2027. |
| 2 | Common | Common Stock | 2022-11-27 | F | D | 380 | $192.06 | 18,980 | D | — | — | (F1) Represents shares of Common Stock withheld by UniFirst Corporation to satisfy certain tax withholding obligations in connection with the vesting of certain restricted stock units. |
| 3 | Derivative | Stock Appreciation Right | 2022-11-28 | A | A | 5,588 | $0.00 | 5,588 | D | $190.53 · — to 2032-11-28 | 5,588 Common Stock ($0.10 par value) | (F4) This stock appreciation right, which was granted under the 2010 Plan, becomes vested and exercisable in five equal annual installments on October 31, 2023, October 31, 2024, October 31, 2025, October 31, 2026 and October 31, 2027. This stock appreciation right is required to be settled in stock at the time of exercise. |