Cynthia Croatti - 04 Feb 2022 Form 4 Insider Report for UNIFIRST CORP (UNF)

Role
Director, 10%+ Owner
Signature
/s/ Steven S. Sintros, Attorney-in-Fact
Issuer symbol
UNF
Transactions as of
04 Feb 2022
Net transactions value
-$118,530
Form type
4
Filing time
08 Feb 2022, 15:18:06 UTC
Previous filing
02 Feb 2022
Next filing
14 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 $209,340 +2,000 +63% $104.67 5,152 04 Feb 2022 Direct
transaction UNF Common Stock Options Exercise $245,623 +1,574 +31% $156.05 6,726 04 Feb 2022 Direct
transaction UNF Common Stock Options Exercise $248,989 +1,634 +24% $152.38 8,360 04 Feb 2022 Direct
transaction UNF Common Stock Options Exercise $320,358 +1,919 +23% $166.94 10,279 04 Feb 2022 Direct
transaction UNF Common Stock Disposed to Issuer $1,142,839 -6,244 -61% $183.03 4,035 04 Feb 2022 Direct
holding UNF Common Stock 68,534 04 Feb 2022 By LLC F1

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 -2,000 -100% $0.000000* 0 04 Feb 2022 Common Stock ($0.10 par value) 2,000 $104.67 Direct
transaction UNF Stock Appreciation Right Options Exercise $0 -1,574 -100% $0.000000* 0 04 Feb 2022 Common Stock ($0.10 par value) 1,574 $156.05 Direct F2
transaction UNF Stock Appreciation Right Options Exercise $0 -1,634 -100% $0.000000* 0 04 Feb 2022 Common Stock ($0.10 par value) 1,634 $152.38 Direct F3
transaction UNF Stock Appreciation Right Options Exercise $0 -1,919 -100% $0.000000* 0 04 Feb 2022 Common Stock ($0.10 par value) 1,919 $166.94 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Cynthia Croatti is the manager of Trilogy Investment Partners LLC, which as of the date of filing this report, directly owns the reported securities. Cynthia Croatti disclaims beneficial ownership of these reported securities, except to the extent of her pecuniary interest therein, if any, and this report shall not be deemed an admission that she is the beneficial owner of the securities for purposes of Section 16 or any other purpose.
F2 80% of this stock appreciation right, granted under the 2010 Plan, was vested and exercisable on January 31, 2022. The remaining 20% became vested and exercisable upon her retirement date of February 1, 2022.
F3 60% of this stock appreciation right, granted under the 2010 Plan, was vested and exercisable on January 31, 2022. The remaining 40% became vested and exercisable upon her retirement date of February 1, 2022.
F4 20% of this stock appreciation right, granted under the 2010 Plan, was vested and exercisable on January 31, 2022. The remaining 80% became vested and exercisable upon her retirement date of February 1, 2022.