Matthew Croatti - Jan 13, 2022 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
Jan 13, 2022
Transactions value $
-$22,076
Form type
4
Date filed
1/14/2022, 02:00 PM
Previous filing
Dec 14, 2021
Next filing
Feb 2, 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 Jan 13, 2022 Direct
transaction UNF Common Stock Disposed to Issuer -$34.2K -177 -8.57% $192.97 1.89K Jan 13, 2022 Direct
transaction UNF Common Stock Sale -$14.1K -73 -3.86% $192.99 1.82K Jan 13, 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 -250 -33.33% $0.00 500 Jan 13, 2022 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.