Ann Torre Bates - 12 Oct 2021 Form 4 Insider Report for UNITED NATURAL FOODS INC (UNFI)

Role
Director
Signature
/s/ Jill E. Sutton, Power-of-Attorney, in fact
Issuer symbol
UNFI
Transactions as of
12 Oct 2021
Transactions value $
-$418,178
Form type
4
Filing time
14 Oct 2021, 17:18:02 UTC
Previous filing
12 Oct 2021
Next filing
11 Oct 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UNFI Common Stock Options Exercise $0 +9.33K +117.01% $0.00 17.3K 12 Oct 2021 Direct F1
transaction UNFI Common Stock Sale -$418K -9.33K -53.92% $44.84 7.97K 13 Oct 2021 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction UNFI Restricted Stock Unit Options Exercise $0 -9.33K -100% $0.00* 0 12 Oct 2021 Common Stock 9.33K Direct F3, F4
transaction UNFI Restricted Stock Unit Award $0 +3.5K $0.00 3.5K 12 Oct 2021 Common Stock 3.5K Direct F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units ("RSUs") convert into common stock on a one-for-one basis. Accordingly, there was no purchase price paid by the reporting person.
F2 Represents the weighted average price of shares sold in multiple same-day transactions at prices ranging from $44.48 to $45.21.
F3 Each RSU represents the right to receive one share of United Natural Foods, Inc. common stock upon vesting in accordance with the terms of the reporting person's restricted stock unit agreement.
F4 The RSUs were granted on October 12, 2020. This Form 4 reflects the vesting of this RSU on October 12, 2021 as to 100% of the original grant amount.
F5 The RSUs will vest in full on October 12, 2022.