UNIFIRST CORP — Director's Dealing 2021

Feb 23, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UNIFIRST CORP (UNF)
CIK: 0000717954
Period of Report: 2021-02-22

Reporting Person: Ross William Masters (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-22	Common Stock	M	250	$104.67	Acquired	4663	Direct
2021-02-22	Common Stock	D	160	$239.57	Disposed	4503	Direct
2021-02-22	Common Stock	S	90	$237.89	Disposed	4413	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-02-22	Stock Appreciation Rights	$104.67	M	250	Disposed	2025-10-26	Common Stock ($0.10 par value) (250)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	192	Indirect

Footnotes

F1: Represents shares sold pursuant to a Rule 10b5-1 sales plan.

F2: Consists of 1,044 restricted stock units that vest 100% on December 20, 2022, 1,231 restricted stock units that vest 100% on October 22, 2023, 969 restricted stock units that vest 60% on October 29, 2022, an additional 20% on October 29, 2023 and the remaining 20% on October 29, 2024 and 1,169 restricted stock units that vest 60% on October 26, 2023, an additional 20% on October 26, 2024 and the remaining 20% on October 26, 2025.