Steven S. Sintros - Oct 19, 2022 Form 4 Insider Report for UNIFIRST CORP (UNF)

Role
President and CEO, Director
Signature
/s/ Steven S. Sintros
Stock symbol
UNF
Transactions as of
Oct 19, 2022
Transactions value $
-$159,660
Form type
4
Date filed
10/20/2022, 03:04 PM
Previous filing
Dec 16, 2021
Next filing
Oct 27, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UNF Common Stock Options Exercise $419K +4K +20.84% $104.67 23.2K Oct 19, 2022 Direct
transaction UNF Common Stock Disposed to Issuer -$546K -3.04K -13.08% $180.00 20.2K Oct 19, 2022 Direct
transaction UNF Common Stock Sale -$32K -178 -0.88% $180.00 20K Oct 19, 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 -4K -100% $0.00* 0 Oct 19, 2022 Common Stock ($0.10 par value) 4K $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 (i) 9,271 shares of Common Stock owned by the reporting person, (ii) 1,711 restricted stock units that will vest in two remaining equal annual installments on November 27, 2022 and November 27, 2023,(iii) 605 restricted stock units that will vest on December 14, 2022, (iv) 2,088 restricted stock units that will vest in three remaining equal annual installments on October 29, 2022, October 29, 2023 and October 29, 2024, (v) 2,578 restricted stock units that will vest in four remaining equal annual installments on November 19, 2022, November 19, 2023, November 19, 2024 and November 19, 2025 and (vi) 3,731 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.