UNIFI INC — Director's Dealing 2011

Mar 9, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UNIFI INC (UFI)
CIK: 0000100726
Period of Report: 2011-03-07

Reporting Person: SAMS WILLIAM M (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-03-07	Common Stock	S	255666	$17.96	Disposed	138000	Indirect
2011-03-07	Common Stock	S	100	$17.83	Disposed	137900	Indirect
2011-03-07	Common Stock	S	200	$17.81	Disposed	137700	Indirect
2011-03-07	Common Stock	S	2700	$17.8	Disposed	135000	Indirect
2011-03-08	Common Stock	S	10690	$17.8	Disposed	124310	Indirect
2011-03-08	Common Stock	S	100	$17.81	Disposed	124210	Indirect
2011-03-08	Common Stock	S	700	$17.81	Disposed	123510	Indirect
2011-03-08	Common Stock	S	100	$17.82	Disposed	123410	Indirect
2011-03-08	Common Stock	S	1000	$17.82	Disposed	122410	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1503600	Direct

Footnotes

F1: On November 3, 2010 Unifi, Inc. effected a 1-for-3 reverse stock split of its Common Stock, resulting in the Reporting Person's indirect ownership of 787,334 fewer shares of Common Stock.

F2: The Reporting Person is a general partner of Marlin Sams Fund, LP. Pursuant to Instruction (4)(b)(iv) of Form 4, the Reporting Person has elected to report as indirectly beneficially owned the entire number of securities beneficially owned by such entity. The Reporting Person disclaims beneficial ownership of any securities, and any proceeds thereof, that exceed his pecuniary interest therein, and/or that are not actually distributed to him.

F3: On November 3, 2010 Unifi, Inc. effected a 1-for-3 reverse stock split of its Common Stock, resulting in the Reporting Person's direct ownership of 3,007,200 fewer shares of Common Stock.