Matthew T. Echols - 11 Mar 2022 Form 4 Insider Report for UNITED NATURAL FOODS INC (UNFI)

Role
CCAO
Signature
/s/ Jody Hyvarinen, Power-of-Attorney, in fact
Issuer symbol
UNFI
Transactions as of
11 Mar 2022
Transactions value $
$0
Form type
4
Filing time
15 Mar 2022, 07:40:54
Previous filing
10 Mar 2022
Next filing
11 Oct 2022
SEC
View on sec.gov

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 +14.5K $0.00 14.5K 11 Mar 2022 Common Stock 14.5K Direct F1, F2, F3
transaction UNFI Restricted Stock Unit Award $0 +5.95K $0.00 5.95K 11 Mar 2022 Common Stock 5.95K 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 annual installments beginning on March 11, 2023.