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UNIFIRST CORP — Director's Dealing 2022
Jan 14, 2022
31308_dirs_2022-01-14_c3989757-6eb9-4fab-92a9-1bc34b59d413.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: UNIFIRST CORP (UNF)
CIK: 0000717954
Period of Report: 2022-01-13
Reporting Person: CROATTI CYNTHIA (Director, Executive Vice President, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-01-13 | Common Stock | M | 2000 | $119.00 | Acquired | 7473 | Direct |
| 2022-01-13 | Common Stock | D | 1496 | $192.97 | Disposed | 5977 | Direct |
| 2022-01-13 | Common Stock | S | 504 | $192.99 | Disposed | 5473 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-01-13 | Stock Appreciation Right | $119.00 | M | 2000 | Disposed | 2026-10-24 | Common Stock ($0.10 par value) (2000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 68534 | Indirect |
Footnotes
F1: Represents shares sold pursuant to a Rule 10b5-1 sales plan.
F2: Consists of 1,332 restricted stock units that vest 100% on December 20, 2022, 1,551 restricted stock units that vest 100% on October 22, 2023, 1,174 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 1,416 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.
F3: Cynthia Croatti is the manager of Trilogy Investment Partners LLC, which as of the date of filing this report, directly owns the reported securities. Cynthia 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 the securities for purposes of Section 16 or any other purpose.