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

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.