David Martin Katz - Oct 24, 2023 Form 4 Insider Report for UNIFIRST CORP (UNF)

Role
Executive VP, Sales/Marketing
Signature
/s/ Steven S. Sintros, Attorney-in-Fact
Stock symbol
UNF
Transactions as of
Oct 24, 2023
Transactions value $
-$41,161
Form type
4
Date filed
10/26/2023, 06:23 PM
Previous filing
Dec 22, 2022
Next filing
Nov 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UNF Common Stock Award $0 +591 +11.87% $0.00 5.57K Oct 24, 2023 Direct F1
transaction UNF Common Stock Tax liability -$41.2K -251 -4.5% $163.99 5.32K Oct 24, 2023 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units that were earned based on the achievement of certain performance criteria and which vested.
F2 Represents shares of Common Stock withheld by UniFirst Corporation to satisfy certain tax withholding obligations in connection with the vesting of certain restricted stock units.
F3 Consists of 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, 1,195 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, 1,772 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 1,017 shares of Common Stock owned by the reporting person.