William Masters Ross - 24 Oct 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
24 Oct 2023
Net transactions value
-$32,142
Form type
4
Filing time
26 Oct 2023, 18:24:09 UTC
Previous filing
09 Jan 2023
Next filing
02 Nov 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 Award $0 +460 +11% $0.000000 4,795 24 Oct 2023 Direct F1
transaction UNF Common Stock Tax liability $32,142 -196 -4.1% $163.99 4,599 24 Oct 2023 Direct F2, F3
holding UNF Common Stock 65 24 Oct 2023 By IRA
* 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 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 779 shares of Common Stock owned by the reporting person.