Hongjun Ning - 26 Oct 2021 Form 4 Insider Report for UNIFI INC (UFI)

Role
EVP
Signature
/s/ GREGORY K. SIGMON, attorney-in-fact
Issuer symbol
UFI
Transactions as of
26 Oct 2021
Net transactions value
$0
Form type
4
Filing time
28 Oct 2021, 16:13:35 UTC
Next filing
29 Oct 2021
SEC
View on sec.gov

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 UFI Restricted Stock Unit Award $0 +7,144 $0.000000 7,144 26 Oct 2021 Common Stock 7,144 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit is the economic equivalent of one share of the issuer's common stock, and pursuant to the terms of the grant, is settled in cash.
F2 On October 26, 2021, the reporting person was granted 7,144 restricted stock units, with 25% vesting on October 26, 2022, 25% vesting on October 26, 2023, and 50% vesting on October 26, 2024.