Hongjun Ning - Nov 21, 2023 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, 2023
Transactions value $
-$35,777
Form type
4
Date filed
11/22/2023, 04:05 PM
Previous filing
Nov 8, 2023
Next filing
Oct 29, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UFI Common Stock Options Exercise +5.56K 5.56K Nov 21, 2023 Direct F1
transaction UFI Common Stock Disposed to Issuer -$35.8K -5.56K -100% $6.43 0 Nov 21, 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 -5.56K -25% $0.00 16.7K Nov 21, 2023 Common Stock 5.56K 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.