Hongjun Ning - 28 Jan 2022 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 Jan 2022
Net transactions value
-$35,476
Form type
4
Filing time
01 Feb 2022, 15:05:26 UTC
Previous filing
29 Oct 2021
Next filing
28 Oct 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UFI Common Stock Options Exercise +1,886 1,886 28 Jan 2022 Direct F1
transaction UFI Common Stock Disposed to Issuer $35,476 -1,886 -100% $18.81 0 28 Jan 2022 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 -1,886 -100% $0.000000* 0 28 Jan 2022 Common Stock 1,886 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 January 28, 2019, the reporting person was granted 3,772 restricted stock units, with 25% vesting on January 28, 2020, 25% vesting on January 28, 2021, and 50% vesting on January 28, 2022.