Steven S. Sintros - 29 Oct 2021 Form 4 Insider Report for UNIFIRST CORP (UNF)

Role
President and CEO, Director
Signature
/s/ Steven S. Sintros
Issuer symbol
UNF
Transactions as of
29 Oct 2021
Net transactions value
-$61,170
Form type
4
Filing time
01 Nov 2021, 13:41:43 UTC
Previous filing
28 Oct 2021
Next filing
19 Nov 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UNF Common Stock Tax liability $61,170 -309 -1.8% $197.96 16,401 29 Oct 2021 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of Common Stock withheld by UniFirst Corporation to satisfy certain tax withholding obligations in connection with the exercise of stock appreciation rights.
F2 Consists of (i) 7,315 shares of Common Stock owned by the reporting person, (ii) 2,566 restricted stock units that will vest in three remaining equal annual installments on November 27, 2021, November 27, 2022, and November 27, 2023,(iii) 1,210 restricted stock units that will vest in two remaining equal annual installments on December 14, 2021 and December 14, 2022, (iv) 2,088 restricted stock units that will vest in three remaining equal annual installments on October 29, 2022, October 29, 2023 and October 29, 2024 and (v) 3,222 restricted stock units that will vest in five equal annual installments on November 19, 2021, November 19, 2022, November 19, 2023, November 19, 2024 and November 19, 2025.