Jill Sutton - 14 May 2021 Form 4 Insider Report for UNITED NATURAL FOODS INC (UNFI)

Signature
Jody Hyvarinen, Power-of-Attorney, in fact
Issuer symbol
UNFI
Transactions as of
14 May 2021
Net transactions value
-$51,675
Form type
4
Filing time
18 May 2021, 08:38:22 UTC
Next filing
28 Sep 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UNFI Common Stock Options Exercise $0 +4,573 +20% $0.000000 27,899 14 May 2021 Direct F1, F2
transaction UNFI Common Stock Tax liability $51,675 -1,388 -5% $37.23 26,511 14 May 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction UNFI Restricted Stock Unit Options Exercise $0 +4,573 $0.000000 4,572 14 May 2021 Common Stock 4,573 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On May 14, 2021, 4,573 shares of United Natural Foods, Inc. (the "Company") restricted stock units ("RSUs") vested. The Company retained 1,388 shares on that date to satisfy certain tax withholding obligations in connection with the vesting.
F2 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.
F3 This RSU award was granted on May 14, 2018 and vests in four installments beginning on May 14, 2019. This Form 4 reflects the vesting of this RSU on May 14, 2021 as to 3/4 of the original grant amount.