SEC Form 4 · accession 0001020859-17-000064
UNITED NATURAL FOODS INC · UNFI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Denise M. Clark
Director
Period of report
Sep 15, 2017
Accepted (ET)
Sep 19, 2017 · 4:15 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 | — | — | — | 8,732 | 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 15, 2017 | A | 4,080 | A | — | — | Common Stock | 4,080 | 4,080 | D |
| Restricted Stock UnitF1,F2 | — | Sep 15, 2017 | D | 2,040 | D | — | — | Common Stock | 2,040 | 2,040 | D |
| Phantom StockF4 | $0.00 | Sep 15, 2017 | A | 2,040 | A | — | — | Common Stock | 2,040 | 8,650 | 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 as follows: one-half vests on the date of grant and the remaining one-half vests on the 6 month anniversary of the date of grant.
- F3On September 15, 2017 2,040 shares of United Natural Foods, Inc. (the "Company") restricted stock units vested, 100% of which the reporting person had previously elected to defer to the Company's Deferred Compensation Plan.
- F4The security converts to common stock on a one-for-one basis subject to the terms of the United Natural Foods, Inc. Deferred Compensation Plan.