Hongjun Ning - 28 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
28 Oct 2021
Net transactions value
-$77,666
Form type
4
Filing time
29 Oct 2021, 16:40:18 UTC
Previous filing
28 Oct 2021
Next filing
01 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UFI Common Stock Options Exercise +2,515 2,515 28 Oct 2021 Direct F1
transaction UFI Common Stock Disposed to Issuer $59,002 -2,515 -100% $23.46 0 28 Oct 2021 Direct
transaction UFI Common Stock Options Exercise +778 778 29 Oct 2021 Direct F1
transaction UFI Common Stock Disposed to Issuer $18,664 -778 -100% $23.99 0 29 Oct 2021 Direct

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 Units Options Exercise $0 -2,515 -25% $0.000000 7,545 28 Oct 2021 Common Stock 2,515 Direct F1, F2
transaction UFI Restricted Stock Units Options Exercise $0 -778 -33% $0.000000 1,554 29 Oct 2021 Common Stock 778 Direct F1, F3
* 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 28, 2020, the reporting person was granted 10,060 restricted stock units, with 25% vesting on October 28, 2021, 25% vesting on October 28, 2022, and 50% vesting on October 28, 2023.
F3 On October 29, 2019, the reporting person was granted 3,110 restricted stock units, with 25% vesting on October 29, 2020, 25% vesting on October 29, 2021, and 50% vesting on October 29, 2022.