Hongjun Ning - 26 Oct 2023 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 2023
Net transactions value
-$44,796
Form type
4
Filing time
30 Oct 2023, 16:05:18 UTC
Previous filing
21 Nov 2022
Next filing
08 Nov 2023
SEC
View on sec.gov

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 2023 Direct F1
transaction UFI Common Stock Disposed to Issuer $11,698 -1,786 -100% $6.55 0 26 Oct 2023 Direct
transaction UFI Common Stock Options Exercise +5,030 5,030 28 Oct 2023 Direct F1
transaction UFI Common Stock Disposed to Issuer $33,097 -5,030 -100% $6.58 0 28 Oct 2023 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 -33% $0.000000 3,572 26 Oct 2023 Common Stock 1,786 Direct F1, F2
transaction UFI Restricted Stock Units Options Exercise $0 -5,030 -100% $0.000000* 0 28 Oct 2023 Common Stock 5,030 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.