Matthew Croatti - 13 Jan 2022 Form 4 Insider Report for UNIFIRST CORP (UNF)

Role
10%+ Owner
Signature
/s/ Steven S. Sintros, Attorney-in-Fact
Issuer symbol
UNF
Transactions as of
13 Jan 2022
Net transactions value
-$22,076
Form type
4
Filing time
14 Jan 2022, 14:00:34 UTC
Previous filing
14 Dec 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 $26,168 +250 +14% $104.67 2,066 13 Jan 2022 Direct
transaction UNF Common Stock Disposed to Issuer $34,156 -177 -8.6% $192.97 1,889 13 Jan 2022 Direct
transaction UNF Common Stock Sale $14,088 -73 -3.9% $192.99 1,816 13 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 -250 -33% $0.000000 500 13 Jan 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.