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

Signature
Jody Hyvarinen, Power-of-Attorney, in fact
Stock symbol
UNFI
Transactions as of
May 14, 2021
Transactions value $
-$51,675
Form type
4
Date filed
5/18/2021, 08:38 AM
Next filing
Sep 28, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UNFI Common Stock Options Exercise $0 +4.57K +19.6% $0.00 27.9K May 14, 2021 Direct F1, F2
transaction UNFI Common Stock Tax liability -$51.7K -1.39K -4.98% $37.23 26.5K May 14, 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 +4.57K $0.00 4.57K May 14, 2021 Common Stock 4.57K 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.