SEC Form 4 · accession 0001214659-18-006780
UNIFI INC · UFI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kevin Duane Hall
Officer — CHAIRMAN OF THE BOARD AND CEO · Director
Period of report
Oct 30, 2018
Accepted (ET)
Nov 1, 2018 · 4:30 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 | Oct 30, 2018 | A | 16,031 | $0.00 | A | 82,603 | 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 | $23.76 | Oct 30, 2018 | A | 67,000 | A | — | Oct 30, 2028 | Common Stock | 67,000 | 67,000 | D |
Explanation of responses
- F1Represents a grant of restricted stock units from the issuer for services as chief executive officer 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 November 30, 2019, 25% vesting on October 30, 2020 and 50% vesting on October 30, 2021.
- F2The option vests over a three-year period, with 25% vesting on October 30, 2019, 25% vesting on October 30, 2020 and 50% vesting on October 30, 2021.