Jill Sutton - Oct 6, 2021 Form 4 Insider Report for UNITED NATURAL FOODS INC (UNFI)

Role: Chief Legal Officer, GC, Sec.
Signature: /s/ Jody Hyvarinen, Power-of-Attorney, in fact
Stock symbol: UNFI
Transactions as of: Oct 6, 2021
Transactions value $: -$271,977
Form type: 4
Date filed: 10/8/2021, 08:10 AM
Previous filing: Sep 28, 2021
Next filing: Oct 14, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	UNFI	Common Stock	Options Exercise	$0	+14.6K	+50.57%	$0.00	43.4K	Oct 6, 2021	Direct	F1, F2
transaction	UNFI	Common Stock	Tax liability	-$272K	-5.71K	-13.15%	$47.64	37.7K	Oct 6, 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	-14.6K	-50%	$0.00	14.6K	Oct 6, 2021	Common Stock	14.6K		Direct	F3, F4

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

Explanation of Responses:

Id	Content
F1	On October 6, 2021, 14,586 shares of United Natural Foods, Inc. (the "Company") restricted stock units ("RSUs") vested. The Company retained 5,709 shares on that date to satisfy certain tax withholding obligations in connection with the vesting.
F2	RSUs convert into common stock on a one-for-one basis. Accordingly, there was no purchase price paid by the reporting person.
F3	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.
F4	This RSU award was granted on December 19, 2019 and vests in three equal installments beginning on October 6, 2020. This Form 4 reflects the vesting of this RSU on October 6, 2021 as to 2/3 of the original grant amount.