Michael A. Croatti - 28 Aug 2021 Form 5 Insider Report for UNIFIRST CORP (UNF)

Role
Executive Vice President
Signature
/s/ Steven S. Sinitros, Attorney-in-Fact
Issuer symbol
UNF
Transactions as of
28 Aug 2021
Net transactions value
$0
Form type
5
Filing time
12 Oct 2021, 17:07:22 UTC
Next filing
19 Nov 2021
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 UNF Class B Common Stock Gift $0 +7,004 $0.000000 7,004 06 Nov 2020 Common Stock ($0.10 par value) 7,004 By Trust F1, F2, F3
transaction UNF Class B Common Stock Gift $0 +7,004 $0.000000 7,004 06 Nov 2020 Common Stock ($0.10 par value) 7,004 By Trust F1, F2, F3
holding UNF Class B Common Stock 48,292 28 Aug 2021 Common Stock ($0.10 par value) 48,292 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of Class B Common Stock is convertible at any time by the holder into one share of Common Stock. Each share of Class B Common Stock automatically converts into one share of Common Stock upon transfer to a recipient that is not a permitted transferee or upon termination of the Class B Common Stock, in each case in accordance with the terms of the charter of UniFirst Corporation.
F2 Represents shares owned directly by a trust of which Michael Croatti is the trustee and his child is the beneficiary.
F3 Each of the aforementioned reporting persons disclaims beneficial ownership of these reported securities, except to the extent of his, her or its pecuniary interest therein, if any, and this report shall not be deemed an admission that such persons are the beneficial owners of these securities for purposes of Section 16 or any other purpose.