SEC Form 4 · accession 0001020859-17-000103
UNITED NATURAL FOODS INC · UNFI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James P Heffernan
Director
Period of report
Sep 25, 2017
Accepted (ET)
Sep 26, 2017 · 4:13 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 | Sep 25, 2017 | M | 2,660 | $28.32 | A | 29,724 | D | |
| Common Stock | Sep 26, 2017 | S | 2,660 | $44.28 | D | 27,064 | 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)F1,F2 | $28.32 | Sep 25, 2017 | M | 2,660 | D | — | Dec 6, 2017 | Common Stock | 2,660 | 0 | D |
Explanation of responses
- F1United Natural Foods, Inc.'s closing price on the NASDAQ National Market on the date of grant.
- F2The stock options vest and becomes exercisable as follows: 1/3 immediately, with the remainder in two equal annual installments beginning on the first anniversary of the date of grant. The stock options expire 10 years after the grant date.