James C. Pappas - Dec 19, 2024 Form 4 Insider Report for UNITED NATURAL FOODS INC (UNFI)

Role
Director
Signature
/s/ Jody L. Hyvarinen, Power-of-Attorney, in fact
Stock symbol
UNFI
Transactions as of
Dec 19, 2024
Transactions value $
$0
Form type
4
Date filed
12/20/2024, 04:19 PM
Previous filing
Dec 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UNFI Common Stock Award $0 +6.49K +50.31% $0.00 19.4K Dec 19, 2024 Direct F1
holding UNFI Common Stock 293K Dec 19, 2024 By: JCP Investment Partnership, LP F2, F3
holding UNFI Common Stock 177K Dec 19, 2024 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 Fourth Amended and Restated Equity Incentive Plan and will fully vest on December 19, 2025. 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.