Carol Croatti - Jul 15, 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: Jul 15, 2022
Transactions value $: -$5,999,952
Form type: 4
Date filed: 7/19/2022, 02:19 PM
Previous filing: Oct 12, 2021

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	Class B Common Stock	Sale	-$6M	-35.7K	-3.12%	$168.00	1.11M	Jul 15, 2022	Common Stock ($0.10 par value)	35.7K		By Trust	F1, F2
holding	UNF	Class B Common Stock						1.69M	Jul 15, 2022	Common Stock ($0.10 par value)	1.69M		By Partnership	F1, F3, F4, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each share of Class B Common Stock is convertible at any time by the holder into one share of Common Stock. Each share of Class B Common Stock automatically converts into one share of Common Stock upon transfer to a recipient that is not a permitted transferee or upon termination of the Class B Common Stock, in each case in accordance with the terms of the charter of UniFirst Corporation.
F2	Includes 1,035,734 shares owned directly by The Ronald D. Croatti Trust - 1993, of which Carol Croatti and Matthew Croatti are the trustees and Carol Croatti is the beneficiary. In addition, includes shares owned directly by certain trusts with respect to which Carol Croatti is a trustee but not a beneficiary. Carol 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 these securities for purposes of Section 16 or any other purpose.
F3	Includes 672,775 shares owned directly by The Queue Limited Partnership and 199 shares owned directly by Queue Management Associates, Inc. Queue Management Associates, Inc. is the general partner of The Queue Limited Partnership. The Ronald D. Croatti Trust - 1993 (of which Carol Croatti and Matthew Croatti are the trustees and Carol Croatti is the beneficiary), Cynthia Croatti and Cecilia Levenstein are the sole shareholders of Queue Management Associates, Inc., and Carol Croatti, Cynthia Croatti and Cecelia Levenstein are the directors of Queue Management Associates, Inc.
F4	Includes 1,015,717 shares owned directly by The Red Cat Limited Partnership and 3 shares owned directly by Red Cat Management Associates, Inc. Red Cat Management Associates, Inc. is the general partner of The Red Cat Limited Partnership. The Ronald D. Croatti Trust - 1993 and Cynthia Croatti are the sole shareholders of Red Cat Management Associates, Inc. and Carol Croatti and Cynthia Croatti are the directors of Red Cat Management Associates, Inc.
F5	Each of the aforementioned reporting persons disclaims beneficial ownership of these reported securities, except to the extent of his, her or its pecuniary interest therein, if any, and this report shall not be deemed an admission that such persons are the beneficial owners of these securities for purposes of Section 16 or any other purpose.