Denise M. Clark - 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
Net transactions value
$0
Form type
4
Filing time
14 Oct 2021, 17:28:04 UTC
Previous filing
07 May 2021
Next filing
13 May 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UNFI Common Stock Options Exercise $0 +9,326 +21% $0.000000 54,324 12 Oct 2021 Direct F1

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 -9,326 -100% $0.000000* 0 12 Oct 2021 Common Stock 9,326 Direct F2, F3
transaction UNFI Restricted Stock Unit Award $0 +3,500 $0.000000 3,500 12 Oct 2021 Common Stock 3,500 Direct F2, F4
* 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 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.
F3 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.
F4 The RSUs will vest in full on October 12, 2022.