William Masters Ross - 28 Nov 2022 Form 4 Insider Report for UNIFIRST CORP (UNF)

Role
Executive Vice President
Signature
/s/ Steven S. Sintros, Attorney-in-Fact
Issuer symbol
UNF
Transactions as of
28 Nov 2022
Transactions value $
$0
Form type
4
Filing time
30 Nov 2022, 17:45:55 UTC
Previous filing
02 Nov 2022
Next filing
22 Dec 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UNF Common Stock Award $0 +1,378 +32.9% $0.000000 5,566 28 Nov 2022 Direct F1, F2
holding UNF Common Stock 65 28 Nov 2022 By IRA

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 UNF Stock Appreciation Right Award $0 +1,397 $0.000000 1,397 28 Nov 2022 Common Stock ($0.10 par value) 1,397 $190.53 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units granted under the UniFirst Corporation Amended and Restated 2010 Stock Option and Incentive Plan (the "2010 Plan"). Such restricted stock units vest in five equal annual installments on October 31, 2023, October 31, 2024, October 31, 2025, October 31, 2026 and October 31, 2027.
F2 Consists of 209 restricted stock units that vest in one remaining annual installment on December 20, 2022, 247 restricted stock units that vest in one remaining annual installment on October 31, 2023, 388 restricted stock units that vest in two remaining equal annual installments on October 31, 2023 and October 31, 2024, 702 restricted stock units that vest in three remaining equal annual installments on October 31, 2023, October 31, 2024 and October 31, 2025, 896 restricted stock units that vest in four remaining equal annual installments on October 31, 2023, October 31, 2024, October 31, 2025 and October 31, 2026, 1,378 restricted stock units that vest in five equal annual installments on October 31, 2023, October 31, 2024, October 31, 2025, October 31, 2026 and October 31, 2027 and 1,746 shares of Common Stock owned by the reporting person.
F3 This stock appreciation right, which was granted under the 2010 Plan, becomes vested and exercisable in five equal annual installments on October 31, 2023, October 31, 2024, October 31, 2025, October 31, 2026 and October 31, 2027. This stock appreciation right is required to be settled in stock at the time of exercise.