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UNIFI INC Director's Dealing 2007

Oct 26, 2007

34323_dirs_2007-10-26_eef0b3f5-bf70-4d18-9e68-1d755f889c29.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UNIFI INC (UFI)
CIK: 0000100726
Period of Report: 2007-10-24

Reporting Person: WENER STEPHEN (Director)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2007-10-24 Stock Option (Right to Buy) $2.72 A 10000 Acquired 2017-10-24 Common Stock (10000) Direct
2007-10-24 Stock Options (Right to Buy) $2.72 A 10000 Acquired 2017-10-24 Common Stock (10000) Direct

Footnotes

F1: The Option granted shall vest and become exercisable on the date that the closing price of the Registrant's common stock on the New York Stock Exchange shall have been at least $8.00 per share for thirty (30) consecutive trading days.

F2: The Option granted shall vest and become exercisable on the date that the closing price of the Registrant's common stock on the New York Stock Exchange shall have been at least $10.00 per share for thirty (30) consecutive trading days.