Hongjun Ning - Oct 26, 2022 Form 4 Insider Report for UNIFI INC (UFI)

Role
EVP
Signature
/s/ GREGORY K. SIGMON, attorney-in-fact
Stock symbol
UFI
Transactions as of
Oct 26, 2022
Transactions value $
-$38,466
Form type
4
Date filed
10/28/2022, 06:04 PM
Previous filing
Feb 1, 2022
Next filing
Nov 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UFI Common Stock Options Exercise +1.79K 1.79K Oct 26, 2022 Direct F1
transaction UFI Common Stock Disposed to Issuer -$17.2K -1.79K -100% $9.61 0 Oct 26, 2022 Direct
transaction UFI Common Stock Options Exercise +2.52K 2.52K Oct 28, 2022 Direct F1
transaction UFI Common Stock Disposed to Issuer -$21.3K -2.52K -100% $8.47 0 Oct 28, 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 -1.79K -25% $0.00 5.36K Oct 26, 2022 Common Stock 1.79K Direct F1, F2
transaction UFI Restricted Stock Units Options Exercise $0 -2.52K -33.33% $0.00 5.03K Oct 28, 2022 Common Stock 2.52K 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.