Danielle Benedict - 06 Oct 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
06 Oct 2022
Net transactions value
-$561,869
Form type
4
Filing time
11 Oct 2022, 07:11:10 UTC
Previous filing
29 Sep 2022
Next filing
14 Oct 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UNFI Common Stock Award $0 +9,637 +11% $0.000000 97,538 06 Oct 2022 Direct F1
transaction UNFI Common Stock Tax liability $174,989 -4,960 -5.1% $35.28 92,578 06 Oct 2022 Direct F2
transaction UNFI Common Stock Tax liability $386,880 -10,966 -12% $35.28 81,612 06 Oct 2022 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This Restricted Stock Unit ("RSU") award was granted pursuant to the Amended and Restated 2020 Equity Incentive Plan and will vest in three equal annual installments, beginning on October 6, 2023. Each RSU represents the right to receive one share of common stock upon vesting in accordance with the terms of the reporting person's restricted stock unit agreement.
F2 Shares retained by the Company for the payment of withholding taxes in connection with the vesting of previously granted RSUs.
F3 Shares retained by the Company for the payment of withholding taxes in connection with the vesting of previously granted performance stock units.