Hongjun Ning - Nov 21, 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
Nov 21, 2022
Transactions value $
$0
Form type
4
Date filed
11/21/2022, 04:55 PM
Previous filing
Nov 1, 2022
Next filing
Oct 30, 2023

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 Unit Award $0 +22.3K $0.00 22.3K Nov 21, 2022 Common Stock 22.3K 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 November 21, 2022, the reporting person was granted 22,256 restricted stock units, with 25% vesting on November 21, 2023, 25% vesting on November 21, 2024, and 50% vesting on November 21, 2025.