David Martin Katz - 04 Jan 2022 Form 4 Insider Report for UNIFIRST CORP (UNF)

Role
Executive VP, Sales/Marketing
Signature
/s/ Steven S. Sintros, Attorney-in-Fact
Issuer symbol
UNF
Transactions as of
04 Jan 2022
Net transactions value
-$123,969
Form type
4
Filing time
06 Jan 2022, 09:27:33 UTC
Previous filing
19 Nov 2021
Next filing
02 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UNF Common Stock Options Exercise $158,627 +1,333 +23% $119.00 7,239 04 Jan 2022 Direct
transaction UNF Common Stock Disposed to Issuer $202,248 -954 -13% $212.00 6,285 04 Jan 2022 Direct
transaction UNF Common Stock Sale $80,348 -379 -6% $212.00 5,906 04 Jan 2022 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 -1,333 -33% $0.000000 2,667 04 Jan 2022 Common Stock ($0.10 par value) 1,333 $119.00 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 1,044 restricted stock units that vest 100% on December 20, 2022, 1,231 restricted stock units that vest 100% on October 22, 2023, 969 restricted stock units that vest 60% on October 29, 2022, an additional 20% on October 29, 2023 and the remaining 20% on October 29, 2024, 1,169 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 1,493 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.