Meredith Suzanne Boyd - Jan 22, 2024 Form 3 Insider Report for UNIFI INC (UFI)

Role
EVP
Signature
/s/ GREGORY K. SIGMON, attorney-in-fact
Stock symbol
UFI
Transactions as of
Jan 22, 2024
Transactions value $
$0
Form type
3
Date filed
2/1/2024, 04:00 PM
Next filing
Oct 29, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding UFI Common Stock 34.7K Jan 22, 2024 Direct F1

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
holding UFI Employee Stock Option (Right to Buy) Jan 22, 2024 Common Stock 2.5K $27.38 Direct F2
holding UFI Employee Stock Option (Right to Buy) Jan 22, 2024 Common Stock 3K $29.09 Direct F3
holding UFI Employee Stock Option (Right to Buy) Jan 22, 2024 Common Stock 2K $23.76 Direct F4
holding UFI Employee Stock Option (Right to Buy) Jan 22, 2024 Common Stock 3.75K $25.72 Direct F5
holding UFI Employee Stock Option (Right to Buy) Jan 22, 2024 Common Stock 5K $15.91 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes an aggregate of 28,585 restricted stock units, as follows: (i) 732 restricted stock units will vest on October 26, 2024; (ii) 1,039 restricted stock units will vest on November 21, 2024 and 2,078 restricted stock units will vest on November 21, 2025; (iii) 8,812 restricted stock units will vest over a three-year period, with 25% vesting on December 6, 2024, 25% vesting on November 6, 2025, and 50% vesting on November 6, 2026; and (iv) 15,924 restricted stock units will vest over a three-year period, with 25% vesting on January 18, 2025, 25% vesting on December 19, 2025, and 50% vesting on December 19, 2026. Each restricted stock unit represents a right to receive one share of the issuer's common stock.
F2 The option became exercisable as to 833 shares on July 22, 2015, 833 shares on July 22, 2016, and 834 shares on July 22, 2017.
F3 The option became exercisable as to 1,000 shares on October 26, 2017, 1,000 shares on October 26, 2018, and 1,000 shares on October 26, 2019.
F4 The option became exercisable as to 500 shares on October 30, 2019, 500 shares on October 30, 2020, and 1,000 shares on October 30, 2021.
F5 The option became exercisable as to 938 shares on October 29, 2020, 937 shares on October 29, 2021, and 1,875 shares on October 29, 2022.
F6 The option became exercisable as to 1,250 shares on October 28, 2021, 1,250 shares on October 28, 2022, and 2,500 shares on October 28, 2023.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney