SEC Form 4/A · accession 0001020859-18-000034
UNITED NATURAL FOODS INC · UNFI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Michael S Funk
Director
Period of report
Sep 16, 2015
Accepted (ET)
Mar 19, 2018 · 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 16, 2015 | M | 2,000 | $0.00 | A | 30,492 | D | |
| Common Stock | Sep 16, 2015 | F | 752 | $50.19 | D | 29,740 | D | |
| Common StockF1 | Sep 17, 2015 | M | 3,000 | $0.00 | A | 32,740 | D | |
| Common Stock | Sep 17, 2015 | F | 1,128 | $51.52 | D | 31,612 | D | |
| Common StockF4 | holding | — | — | — | 4,223 | 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 | — | Sep 16, 2015 | M | 2,000 | D | — | — | Common Stock | 2,000 | 0 | D |
| Restricted Stock UnitF5,F7 | — | Sep 17, 2015 | A | 6,000 | A | — | — | Common Stock | 6,000 | 6,000 | D |
| Restricted Stock UnitF5,F7 | — | Sep 17, 2015 | M | 3,000 | D | — | — | Common Stock | 3,000 | 3,000 | 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, 2015, 2,000 shares of United Natural Foods, Inc. (the "Company") restricted stock units vested. The Company retained 752 shares on that date to satisfy certain tax withholding obligations in connection with the vesting.
- F3On September 17, 2015, 3,000 shares of United Natural Foods, Inc. (the "Company") restricted stock units vested. The Company retained 1,128 shares on that date to satisfy certain tax withholding obligations in connection with the vesting.
- F4Represents 4,223 shares of common stock allocated to the reporting person under the United Natural Foods, Inc. Employee Stock Ownership Plan as of September 16, 2015.
- F5Each 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.
- F6The restricted stock units vest as follows: one-third vested on the date of grant, and the remaining two-thirds of the award vest in two equal annual installments beginning on the first anniversary of the date of grant.
- F7The 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.
Remarks
The shares reported as being directly owned following the transaction reported on September 17, 2015 were inadvertently overstated by 6,000 shares. This amended form reflects a correction to the number of shares beneficially owned as of September 18, 2015, the original date of the Form 4 being amended by this filing. Forms 4 filed on each of the following dates were also inadvertently overstated by 6,000 shares: March 21, 2016, September 16, 2016, March 17, 2017, and September 19, 2017.