Hongjun Ning - 21 Nov 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
21 Nov 2023
Net transactions value
-$35,777
Form type
4
Filing time
22 Nov 2023, 16:05:29 UTC
Previous filing
08 Nov 2023
Next filing
29 Oct 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UFI Common Stock Options Exercise +5,564 5,564 21 Nov 2023 Direct F1
transaction UFI Common Stock Disposed to Issuer $35,777 -5,564 -100% $6.43 0 21 Nov 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 -5,564 -25% $0.000000 16,692 21 Nov 2023 Common Stock 5,564 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.