Hongjun Ning - 26 Oct 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
26 Oct 2022
Net transactions value
-$38,466
Form type
4
Filing time
28 Oct 2022, 18:04:18 UTC
Previous filing
01 Feb 2022
Next filing
01 Nov 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UFI Common Stock Options Exercise +1,786 1,786 26 Oct 2022 Direct F1
transaction UFI Common Stock Disposed to Issuer $17,163 -1,786 -100% $9.61 0 26 Oct 2022 Direct
transaction UFI Common Stock Options Exercise +2,515 2,515 28 Oct 2022 Direct F1
transaction UFI Common Stock Disposed to Issuer $21,302 -2,515 -100% $8.47 0 28 Oct 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 -1,786 -25% $0.000000 5,358 26 Oct 2022 Common Stock 1,786 Direct F1, F2
transaction UFI Restricted Stock Units Options Exercise $0 -2,515 -33% $0.000000 5,030 28 Oct 2022 Common Stock 2,515 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 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.
F3 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.