SEC Form 4 · accession 0001214659-16-013269
UNIFI INC · UFI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William L Jasper
Director
Period of report
Aug 11, 2016
Accepted (ET)
Aug 15, 2016 · 6:27 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000100726
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Aug 11, 2016 | M | 15,000 | $5.73 | A | 104,765 | D | |
| Common StockF2 | Aug 11, 2016 | S | 1,301 | $26.2294 | D | 103,464 | D | |
| Common StockF3 | Aug 12, 2016 | S | 9,032 | $26.1174 | D | 94,432 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F4 | $5.73 | Aug 11, 2016 | M | 15,000 | D | — | Jul 28, 2019 | Common Stock | 15,000 | 82,508 | D |
Explanation of responses
- F1Since the date of the reporting person's last ownership report, he transferred 38,015 shares of the issuer's common stock to his ex-wife pursuant to a domestic relations order. The reporting person no longer reports as beneficially owned any securities owned by his ex-wife.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.18 to $26.31, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2) and (3) to this Form 4.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.05 to $26.17, inclusive.
- F4The option vested in three equal annual installments beginning on July 28, 2010.