SEC Form 4 · accession 0001020859-17-000162
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
Dec 12, 2017
Accepted (ET)
Dec 14, 2017 · 4:12 pm EST
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 | Dec 12, 2017 | M | 1,500 | $37.82 | A | 14,871 | D | |
| Common StockF1 | Dec 12, 2017 | S | 6,253 | $49.59 | D | 8,618 | D | |
| Common StockF2 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F3,F4 | $37.82 | Dec 12, 2017 | M | 1,500 | D | — | Sep 12, 2021 | Common Stock | 1,500 | 0 | D |
Explanation of responses
- F1The transaction price listed is a weighted average. Actual sale prices for these dispositions ranged from $49.45 to $49.63. The reporting person undertakes to provide United Natural Foods, Inc., any security holder of United Natural Foods, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- F2Includes 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 December 12, 2017.
- F3United Natural Foods, Inc.'s closing price on the NASDAQ National Market on September 12, 2011.
- 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.