Steven S. Sintros - Oct 29, 2023 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 29, 2023
Transactions value $
-$47,300
Form type
4
Date filed
10/30/2023, 02:14 PM
Previous filing
Oct 26, 2023
Next filing
Nov 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UNF Common Stock Tax liability -$47.3K -295 -1.22% $160.34 23.9K Oct 29, 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Consists of (i) 13,457 shares of Common Stock owned by the reporting person, (ii) 856 restricted stock units that will vest in one remaining annual installment on November 27, 2023,(iii) 696 restricted stock units that will vest in one remaining annual installment on October 29, 2024, (iv) 1,934 restricted stock units that will vest in three remaining equal annual installments on November 19, 2023, November 19, 2024 and November 19, 2025, (v) 2,985 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 and (vi) 3,937 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.