Michael A. Croatti - 05 Jan 2023 Form 4 Insider Report for UNIFIRST CORP (UNF)

Role
Executive Vice President
Signature
/s/ Steven S. Sintros, Attorney-in-Fact
Issuer symbol
UNF
Transactions as of
05 Jan 2023
Net transactions value
-$800,000
Form type
4
Filing time
09 Jan 2023, 15:50:07 UTC
Previous filing
22 Dec 2022
Next filing
26 Oct 2023
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 $0 +4,000 +64% $0.000000 10,275 05 Jan 2023 Direct
transaction UNF Common Stock Tax liability $622,000 -3,110 -30% $200.00 7,165 05 Jan 2023 Direct
transaction UNF Common Stock Sale $178,000 -890 -12% $200.00 6,275 05 Jan 2023 Direct F1, F2
holding UNF Common Stock 810 05 Jan 2023 By 401(K) Plan

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 -4,000 -100% $0.000000* 0 05 Jan 2023 Common Stock ($0.10 par value) 4,000 $119.00 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 209 restricted stock units that vest in one remaining annual installment on December 20, 2022, 247 restricted stock units that vest in one remaining annual installment on October 31, 2023, 388 restricted stock units that vest in two remaining equal annual installments on October 31, 2023 and October 31, 2024, 702 restricted stock units that vest in three remaining equal annual installments on October 31, 2023, October 31, 2024 and October 31, 2025, 896 restricted stock units that vest in four remaining equal annual installments on October 31, 2023, October 31, 2024, October 31, 2025 and October 31, 2026, 1,378 restricted stock units that vest in five equal annual installments on October 31, 2023, October 31, 2024, October 31, 2025, October 31, 2026 and October 31, 2027 and 2,455 shares of Common Stock owned by the reporting person.