Carol Croatti - 15 Jul 2022 Form 4 Insider Report for UNIFIRST CORP (UNF)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
19 Jul 2022, 14:19:28 UTC
Prior SEC filing
12 Oct 2021
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Steven S. Sintros, Attorney-in-Fact

Key filing fact

Carol Croatti filed Form 4 for UNIFIRST CORP (UNF) on 19 Jul 2022.

Key facts

  • This page summarizes Carol Croatti's Form 4 filing for UNIFIRST CORP (UNF).
  • 1 reported transaction and 2 derivative rows are listed below.
  • Accepted by SEC: 19 Jul 2022, 14:19.

Change

  • Previous filing in this sequence was filed on 12 Oct 2021.
  • Current net transaction value: -$5,999,952.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

UNF transaction Derivative

Class B Common Stock

Sale

Transaction value
$5,999,952
Shares
-35,714
Change %
-3.1%
Price
$168.00
Shares after
1,110,095
Date
15 Jul 2022
Ownership
By Trust
Underlying class
Common Stock ($0.10 par value)
Underlying amount
35,714
Exercise price
Footnotes
F1, F2
UNF holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
1,688,694
Date
15 Jul 2022
Ownership
By Partnership
Underlying class
Common Stock ($0.10 par value)
Underlying amount
1,688,694
Exercise price
Footnotes
F1, F3, F4, F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

Each share of Class B Common Stock is convertible at any time by the holder into one share of Common Stock. Each share of Class B Common Stock automatically converts into one share of Common Stock upon transfer to a recipient that is not a permitted transferee or upon termination of the Class B Common Stock, in each case in accordance with the terms of the charter of UniFirst Corporation.

Footnote F2

Includes 1,035,734 shares owned directly by The Ronald D. Croatti Trust - 1993, of which Carol Croatti and Matthew Croatti are the trustees and Carol Croatti is the beneficiary. In addition, includes shares owned directly by certain trusts with respect to which Carol Croatti is a trustee but not a beneficiary. Carol Croatti disclaims beneficial ownership of these reported securities, except to the extent of her pecuniary interest therein, if any, and this report shall not be deemed an admission that she is the beneficial owner of these securities for purposes of Section 16 or any other purpose.

Footnote F3

Includes 672,775 shares owned directly by The Queue Limited Partnership and 199 shares owned directly by Queue Management Associates, Inc. Queue Management Associates, Inc. is the general partner of The Queue Limited Partnership. The Ronald D. Croatti Trust - 1993 (of which Carol Croatti and Matthew Croatti are the trustees and Carol Croatti is the beneficiary), Cynthia Croatti and Cecilia Levenstein are the sole shareholders of Queue Management Associates, Inc., and Carol Croatti, Cynthia Croatti and Cecelia Levenstein are the directors of Queue Management Associates, Inc.

Footnote F4

Includes 1,015,717 shares owned directly by The Red Cat Limited Partnership and 3 shares owned directly by Red Cat Management Associates, Inc. Red Cat Management Associates, Inc. is the general partner of The Red Cat Limited Partnership. The Ronald D. Croatti Trust - 1993 and Cynthia Croatti are the sole shareholders of Red Cat Management Associates, Inc. and Carol Croatti and Cynthia Croatti are the directors of Red Cat Management Associates, Inc.

Footnote F5

Each of the aforementioned reporting persons disclaims beneficial ownership of these reported securities, except to the extent of his, her or its pecuniary interest therein, if any, and this report shall not be deemed an admission that such persons are the beneficial owners of these securities for purposes of Section 16 or any other purpose.

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