INCLUSIVE CAPITAL PARTNERS, L.P. - 17 May 2022 Form 3 Insider Report for UNIFI INC (UFI)

Role
Other*, 10%+ Owner
Signature
Inclusive Capital Partners, L.P., /s/ Philippe B. Pradel, Chief Compliance Officer
Issuer symbol
UFI
Transactions as of
17 May 2022
Net transactions value
$0
Form type
3
Filing time
19 May 2022, 16:45:36 UTC
Previous filing
10 Jun 2021
Next filing
20 Jun 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding UFI Common Stock, par value $0.10 per share ("Common Stock") 1,920,887 17 May 2022 See footnotes F1, F3
holding UFI Common Stock 9,979 17 May 2022 See footnotes F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The securities reported herein are held by Inclusive Capital Partners Spring Master Fund, L.P. ("In-Cap Spring Master Fund") to which Inclusive Capital Partners, L.P., a Delaware limited partnership, ("In-Cap") acts as investment manager. Mr. Jeffrey W. Ubben indirectly controls In-Cap.
F2 Represents shares of Common Stock granted to Ms. Eva Zlotnicka ("Ms. Zlotnicka") for her services as a director of the Issuer pursuant to the Issuer's director compensation policy. Ms. Zlotnicka is deemed to hold the shares of Common Stock for the benefit of In-Cap Spring Master Fund managed by In-Cap and indirectly for In-Cap and may transfer the award directly to In-Cap Spring Master Fund.
F3 The filing of this statement shall not be deemed an admission that either Reporting Person is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Act of 1934, as amended, or otherwise. The Reporting Persons expressly disclaim beneficial ownership of the securities reported herein except to the extent of its or his pecuniary interest therein.

Remarks:

In-Cap may be deemed to be a director by deputization for purposes of Section 16 under the Securities Exchange Act of 1934, as amended, by virtue of the fact that Ms. Zlotnicka currently serves on the board of directors of the Issuer.