Michael C. Stigers - 27 Sep 2022 Form 4 Insider Report for UNITED NATURAL FOODS INC (UNFI)

Signature
/s/ Jody Hyvarinen, Power-of-Attorney, in fact
Issuer symbol
UNFI
Transactions as of
27 Sep 2022
Net transactions value
$0
Form type
4
Filing time
29 Sep 2022, 17:31:11 UTC
Previous filing
14 Oct 2021
Next filing
11 Oct 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UNFI Common Stock Award $0 +53,567 +56% $0.000000 148,926 27 Sep 2022 Direct F1, F2, F3
holding UNFI Common Stock 10,000 27 Sep 2022 By revocable family trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the number of performance units ("PSUs") earned after the Compensation Committee's certification to the achievement of performance under the terms of a PSU award granted on December 19, 2019.
F2 PSUs are settled in shares of common stock on a one-for-one basis. Accordingly, there was no purchase price paid by the reporting person.
F3 United Natural Foods, Inc. revised its method of reporting restricted stock units ("RSUs") to report such grants in Table I rather than as previously reported in Table II. Accordingly, amount includes 56,448 unvested RSUs previously reported in Table II.

Remarks:

Exhibit 24 - Power of Attorney