J. Alexander Douglas Jr - Oct 12, 2021 Form 4 Insider Report for UNITED NATURAL FOODS INC (UNFI)

Role
Chief Executive Officer, Director
Signature
Jill E. Sutton, Power-of-Attorney, in fact
Stock symbol
UNFI
Transactions as of
Oct 12, 2021
Transactions value $
$0
Form type
4
Date filed
10/14/2021, 05:32 PM
Previous filing
Aug 10, 2021
Next filing
Mar 14, 2022

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 Award $0 +17.3K $0.00 17.3K Oct 12, 2021 Common Stock 17.3K Direct F1, F2, F3
transaction UNFI Restricted Stock Unit Award $0 +33.7K $0.00 33.7K Oct 12, 2021 Common Stock 33.7K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents the right to receive one share of United Natural Foods, Inc. common stock upon vesting in accordance with the terms of the reporting person's restricted stock unit agreement.
F2 These RSUs were granted as an inducement grant (pursuant to NYSE 303A.08) in connection with the reporting person's offer of employment.
F3 The RSUs vest in three equal installments beginning on October 12, 2022.