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

Signature
Jill E. Sutton, Power-of-Attorney, in fact
Issuer symbol
UNFI
Transactions as of
12 Oct 2021
Net transactions value
$0
Form type
4
Filing time
14 Oct 2021, 17:32:23 UTC
Previous filing
10 Aug 2021
Next filing
14 Mar 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 +17,286 $0.000000 17,286 12 Oct 2021 Common Stock 17,286 Direct F1, F2, F3
transaction UNFI Restricted Stock Unit Award $0 +33,707 $0.000000 33,707 12 Oct 2021 Common Stock 33,707 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.