Form 4 for UNF UNIFIRST CORP
Accepted 2023-11-02 00:00:00 ET · period of report 2023-10-31 · accession 0001209191-23-054178 · 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 | 2023-11-02 | 2023-10-31 | UNF | O'Connor Shane | CFO, Executive VP | F - Tax | $164.43 | -598 | 7,400 | -7% | -$98.3K |
| D | 2023-11-02 | 2023-10-31 | UNF | O'Connor Shane | CFO, Executive VP | A - Grant | $0.00 | +2,281 | 7,998 | +40% | $0 |
| D | 2023-11-02 | 2023-10-31 | UNF | O'Connor Shane | CFO, Executive VP | A - Grant | $0.00 | +2,207 | 2,207 | 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 | 2023-10-31 | F | D | 598 | $164.43 | 7,400 | D | — | — | (F2) 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. (F3) Consists of 194 restricted stock units that vest in one remaining annual installment on October 31, 2024, 468 restricted stock units that vest in two remaining equal annual installments on October 31, 2024 and October 31, 2025, 1,008 restricted stock units that vest in three remaining equal annual installments on October 31, 2024, October 31, 2025 and October 31, 2026, 1,576 restricted stock units that vest in four remaining equal annual installments on October 31, 2024, October 31, 2025, October 31, 2026 and October 31, 2027, 2,281 restricted stock units that vest in five equal annual installments on October 31, 2024, October 31, 2025, October 31, 2026, October 31, 2027 and October 31, 2028 and 1,873 shares of Common Stock owned by the reporting person. |
| 2 | Common | Common Stock | 2023-10-31 | A | A | 2,281 | $0.00 | 7,998 | D | — | — | (F1) 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, 2024, October 31, 2025, October 31, 2026, October 31, 2027 and October 31, 2028. |
| 3 | Derivative | Stock Appreciation Right | 2023-10-31 | A | A | 2,207 | $0.00 | 2,207 | D | $164.43 · — to 2033-10-31 | 2,207 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, 2024, October 31, 2025, October 31, 2026, October 31, 2027 and October 31, 2028. This stock appreciation right is required to be settled in stock at the time of exercise. |