Matthew Croatti - Dec 13, 2021 Form 4 Insider Report for UNIFIRST CORP (UNF)

Role
10%+ Owner
Signature
/s/ Steven S. Sintros, Attorney-in-Fact
Stock symbol
UNF
Transactions as of
Dec 13, 2021
Transactions value $
-$24,694
Form type
4
Date filed
12/14/2021, 03:16 PM
Previous filing
Nov 19, 2021
Next filing
Jan 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UNF Common Stock Options Exercise $26.2K +250 +13.77% $104.67 2.07K Dec 13, 2021 Direct
transaction UNF Common Stock Disposed to Issuer -$33.7K -165 -7.99% $204.00 1.9K Dec 13, 2021 Direct
transaction UNF Common Stock Sale -$17.2K -85 -4.47% $202.37 1.82K Dec 13, 2021 Direct F1, F2

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 Stock Appreciation Right Options Exercise $0 -250 -25% $0.00 750 Dec 13, 2021 Common Stock ($0.10 par value) 250 $104.67 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares sold pursuant to a Rule 10b5-1 sales plan.
F2 Consists of 493 restricted stock units that vest 100% on October 22, 2023, 388 restricted stock units that vest 60% on October 29, 2022, an additional 20% vested on October 29, 2023 and the remaining 20% on October 29, 2024, and 468 restricted stock units that vest 60% on October 26, 2023, an additional 20% on October 26, 2024 and the remaining 20% on October 26, 2025 and 467 restricted stock units that vest in five equal annual installments on October 31, 2022, October 31, 2023, October 31, 2024, October 31, 2025 and October 31, 2026.