SEC Form 4 · accession 0001020859-15-000160
UNITED NATURAL FOODS INC · UNFI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Paul Zechmeister
Officer — SVP Finance
Period of report
Sep 17, 2015
Accepted (ET)
Sep 21, 2015 · 4:42 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001020859
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | holding | — | — | — | 1,800 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF1,F2 | — | Sep 17, 2015 | A | 29,410 | A | — | — | Common Stock | 29,410 | 29,410 | D |
| Employee Stock Option (right to buy)F3,F4 | $51.52 | Sep 17, 2015 | A | 33,030 | A | — | Sep 17, 2025 | Common Stock | 33,030 | 33,030 | D |
Explanation of responses
- F1Each restricted stock unit represents the right to receive one share of United Natural Foods, Inc. common stock upon vesting in accordance with the terms of the reporting person's restricted stock unit agreement.
- F2The restricted stock units vest in four equal annual installments beginning on the first anniversary of the date of grant.
- F3United Natural Foods, Inc.'s closing price on the NASDAQ National Market on the date of grant.
- F4The stock options vest and becomes exercisable in four equal annual installments beginning on the first anniversary of the date of grant and expire on the tenth anniversary of the date of grant.