Eric A. Dorne - Sep 15, 2021 Form 4 Insider Report for UNITED NATURAL FOODS INC (UNFI)

Role: COO
Signature: /s/ Jill E. Sutton, Power-of-Attorney, in fact
Stock symbol: UNFI
Transactions as of: Sep 15, 2021
Transactions value $: -$20,361
Form type: 4
Date filed: 9/17/2021, 05:28 PM
Previous filing: Jun 4, 2021
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	+1.81K	+12.92%	$0.00	15.8K	Sep 15, 2021	Direct	F1, F2, F3
transaction	UNFI	Common Stock	Tax liability	-$20.4K	-550	-3.48%	$37.02	15.3K	Sep 15, 2021	Direct

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	-1.81K	-100%	$0.00^*	0	Sep 15, 2021	Common Stock	1.81K		Direct	F4, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On September 15, 2021, 1,810 shares of United Natural Foods, Inc. (the "Company") restricted stock units ("RSUs") vested. The Company retained 550 shares on that date to satisfy certain tax withholding obligations in connection with the vesting.
F2	Pursuant to the Company's Equity Grant and Settlement Policy, vested shares will not be delivered to the reporting person until the Company's trading window opens.
F3	RSUs convert into common stock on a one-for-one basis. Accordingly, there was no purchase price paid by the reporting person.
F4	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.
F5	This RSU award was granted on September 15, 2017 and vests in four equal annual installments beginning on the first anniversary of the date of grant. This Form 4 reflects the vesting of this RSU on September 15, 2021 as to 100% of the original grant amount.