SEC Form 4 · accession 0001020859-17-000065
UNITED NATURAL FOODS INC · UNFI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Eric A. Dorne
Officer — SVP, CAIO
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 StockF1 | Sep 15, 2017 | M | 1,683 | $0.00 | A | 7,509 | D | |
| Common Stock | Sep 15, 2017 | F | 562 | $39.74 | D | 6,947 | D | |
| Common StockF1 | Sep 16, 2017 | M | 882 | $0.00 | A | 7,829 | D | |
| Common Stock | Sep 16, 2017 | F | 295 | $39.74 | D | 7,534 | D | |
| Common StockF1 | Sep 17, 2017 | M | 1,729 | $0.00 | A | 9,263 | D | |
| Common Stock | Sep 17, 2017 | F | 578 | $39.74 | D | 8,685 | D | |
| Common StockF5 | holding | — | — | — | 800 | 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 UnitF6,F7,F8 | — | Sep 15, 2017 | M | 1,683 | D | — | — | Common Stock | 1,683 | 5,047 | D |
| Restricted Stock UnitF9,F7,F8 | — | Sep 15, 2017 | A | 7,240 | A | — | — | Common Stock | 7,240 | 7,240 | D |
| Restricted Stock UnitF10,F7,F8 | — | Sep 16, 2017 | M | 882 | D | — | — | Common Stock | 882 | 0 | D |
| Restricted Stock UnitF11,F7,F8 | — | Sep 17, 2017 | M | 1,729 | D | — | — | Common Stock | 1,729 | 3,460 | 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.
- F10Restricted stock units awarded on September 16, 2013.
- F11Restricted stock units awarded September 17, 2015.
- F2On September 15, 2017 1,683 shares of United Natural Foods, Inc. (the "Company") restricted stock units vested. The Company retained 562 shares on that date to satisfy certain tax withholding obligations in connection with the vesting.
- F3On September 16, 2017 882 shares of United Natural Foods, Inc. (the "Company") restricted stock units vested. The Company retained 295 shares on that date to satisfy certain tax withholding obligations in connection with the vesting.
- F4On September 17, 2017, 1,729 shares of United Natural Foods, Inc. (the "Company") restricted stock units vested. The Company retained 578 shares on that date to satisfy certain tax withholding obligations in connection with the vesting.
- F5Includes 800 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, 2017.
- F6Restricted stock units awarded September 15, 2016.
- F7Each 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.
- F8The restricted stock units vest in four equal annual installments beginning on the first anniversary of the date of grant.
- F9Restricted stock units awarded September 15, 2017.