SEC Form 4 · accession 0001020859-18-000070
UNITED NATURAL FOODS INC · UNFI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul Scott Green
Officer — Chief Supply Chain Officer
Period of report
Sep 15, 2018
Accepted (ET)
Sep 18, 2018 · 4:50 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 StockF2 | Sep 15, 2018 | M | 1,470 | $0.00 | A | 4,870 | D | |
| Common Stock | Sep 15, 2018 | F | 404 | $33.53 | D | 4,466 | D | |
| Common StockF2 | Sep 15, 2018 | M | 1,580 | $0.00 | A | 6,046 | D | |
| Common Stock | Sep 15, 2018 | F | 469 | $33.53 | D | 5,577 | D | |
| Common StockF2 | Sep 17, 2018 | M | 1,128 | $0.00 | A | 6,705 | D | |
| Common Stock | Sep 17, 2018 | F | 265 | $34.18 | D | 6,440 | D | |
| Common StockF5 | holding | — | — | — | 168 | 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 | — | Sep 15, 2018 | M | 1,470 | D | — | — | Common Stock | 1,470 | 2,940 | D |
| Restricted Stock UnitF6,F7 | — | Sep 15, 2018 | M | 1,580 | D | — | — | Common Stock | 1,580 | 4,740 | D |
| Restricted Stock UnitF6,F7 | — | Sep 17, 2018 | M | 1,128 | D | — | — | Common Stock | 1,128 | 1,127 | D |
Explanation of responses
- F1On September 15, 2018, 1,470 shares of United Natural Foods, Inc. (the "Company") restricted stock units vested. The Company retained 404 shares on that date to satisfy certain tax withholding obligations in connection with the vesting.
- F2Restricted stock units convert into common stock on a one-for-one basis. Accordingly, there was no purchase price paid by the reporting person.
- F3On September 15, 2018, 1,580 shares of United Natural Foods, Inc. (the "Company") restricted stock units vested. The Company retained 469 shares on that date to satisfy certain tax withholding obligations in connection with the vesting.
- F4On September 17, 2018, 1,128 shares of United Natural Foods, Inc. (the "Company") restricted stock units vested. The Company retained 265 shares on that date to satisfy certain tax withholding obligations in connection with the vesting.
- F5Includes 168 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 14, 2018.
- F6Each 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.
- F7The restricted stock units vest in four equal annual installments beginning on the first anniversary of the date of grant.