SEC Form 4 · accession 0001214659-17-005262
UNIFI INC · UFI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John D Vegas
Officer — Executive Vice President
Period of report
Aug 21, 2017
Accepted (ET)
Aug 23, 2017 · 5:17 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 21, 2017 | A | 20,000 | $0.00 | A | 20,335 | 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)F2 | $30.23 | Aug 21, 2017 | A | 15,000 | A | — | Aug 21, 2027 | Common Stock | 15,000 | 15,000 | D |
Explanation of responses
- F1Represents a grant of restricted stock units from the issuer for services as an executive vice president of the issuer. Each restricted stock unit represents a right to receive one share of the issuer's common stock. The restricted stock units vest over a three-year period, with 25% vesting on September 20, 2018, 25% vesting on August 21, 2019 and 50% vesting on August 21, 2020.
- F2The option vests in three equal annual installments beginning on August 21, 2018.