James C. Pappas - 21 Dec 2023 Form 4 Insider Report for UNITED NATURAL FOODS INC (UNFI)

Role
Director
Signature
/s/ Jody L. Hyvarinen, Power-of-Attorney, in fact
Issuer symbol
UNFI
Transactions as of
21 Dec 2023
Transactions value $
$0
Form type
4
Filing time
22 Dec 2023, 16:15:42 UTC
Previous filing
17 Nov 2023
Next filing
19 Jul 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UNFI Common Stock Award $0 +12.9K $0.00 12.9K 21 Dec 2023 Direct F1
holding UNFI Common Stock 293K 21 Dec 2023 By: JCP Investment Partnership, LP F2, F3
holding UNFI Common Stock 177K 21 Dec 2023 By: Managed Accounts of JCP Investment Management, LLC F2, F4
* 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 Third Amended and Restated 2020 Equity Incentive Plan and will fully vest on December 21, 2024. Each RSU represents the right to receive one share of common stock upon vesting in accordance with the terms of the reporting person's RSU agreement.
F2 The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
F3 JCP Investment Partners, LP ("JCP Partners"), as the general partner of JCP Investment Partnership, LP ("JCP"), may be deemed the beneficial owner of the 293,144 shares of Common Stock owned by JCP. JCP Investment Holdings, LLC ("JCP Holdings"), as the general partner of JCP Partners, may be deemed the beneficial owner of the 293,144 shares of Common Stock owned by JCP. Mr. Pappas, as the sole member of JCP Holdings may be deemed the beneficial owner of the 293,144 shares of common stock held by JCP.
F4 JCP Investment Management, LLC ("JCP Management"), as the investment manager of JCP and certain separately managed accounts (the "JCP Accounts"), may be deemed the beneficial owner of the 177,178 shares of common stock owned by JCP and held in the JCP Accounts. Mr. Pappas, as the managing member of JCP Management, may be deemed the beneficial owner of the 177,178 shares of common stock held in the JCP Accounts.