Hongjun Ning - 29 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
29 Oct 2022
Net transactions value
-$13,162
Form type
4
Filing time
01 Nov 2022, 17:51:19 UTC
Previous filing
28 Oct 2022
Next filing
21 Nov 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UFI Common Stock Options Exercise +1,554 1,554 29 Oct 2022 Direct F1
transaction UFI Common Stock Disposed to Issuer $13,162 -1,554 -100% $8.47 0 29 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 -1,554 -100% $0.000000* 0 29 Oct 2022 Common Stock 1,554 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 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.