SEC Form 4 · accession 0001020859-16-000325
UNITED NATURAL FOODS INC · UNFI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Craig Harder Smith
Officer — SVP, Fresh Sales
Period of report
Sep 16, 2016
Accepted (ET)
Sep 20, 2016 · 4:01 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 StockF1 | Sep 16, 2016 | M | 1,000 | $0.00 | A | 6,338 | D | |
| Common Stock | Sep 16, 2016 | F | 333 | $38.70 | D | 6,005 | D | |
| Common StockF1 | Sep 17, 2016 | M | 1,333 | $0.00 | A | 7,338 | D | |
| Common Stock | Sep 17, 2016 | F | 443 | $38.70 | D | 6,895 | D | |
| Common StockF4 | holding | — | — | — | 161 | I | See footnote |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF5,F6,F7 | — | Sep 16, 2016 | M | 1,000 | D | — | — | Common Stock | 1,000 | 1,000 | D |
| Restricted Stock UnitF8,F6,F7 | — | Sep 17, 2016 | M | 1,333 | D | — | — | Common Stock | 1,333 | 3,997 | D |
Explanation of responses
- F1Restricted stock units convert into common stock on a one-for-one basis. Accordingly, there was no purchase price paid by the reporting person.
- F2On September 16, 2016, 1,000 shares of United Natural Foods, Inc. (the "Company") restricted stock units vested. The Company retained 333 shares on that date to satisfy certain tax withholding obligations in connection with the vesting.
- F3On September 17, 2016, 1,333 shares of United Natural Foods, Inc. (the "Company") restricted stock units vested. The Company retained 443 shares on that date to satisfy certain tax withholding obligations in connection with the vesting.
- F4Includes 161 shares of common stock allocated to the reporting person under the United Natural Foods, Inc. 401(k) Plan's UNFI Stock Fund as of September 15, 2016.
- F5Restricted stock units awarded September 16, 2013.
- F6Each 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.
- F7The restricted stock units vest in four equal annual installments beginning on the first anniversary of the date of grant.
- F8Restricted stock units awarded September 17, 2015.