SEC Form 4 · accession 0001284084-18-000039
UNIFIRST CORP · UNF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven S Sintros
Officer — President and CEO · Director
Period of report
May 22, 2018
Accepted (ET)
May 23, 2018 · 1:38 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000717954
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | May 22, 2018 | M | 2,666 | $69.05 | A | 5,689 | D | |
| Common Stock | May 22, 2018 | D | 1,764 | $176.70 | D | 3,925 | D | |
| Common StockF1,F2 | May 23, 2018 | S | 902 | $172.65 | D | 3,023 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation Right | $69.05 | May 22, 2018 | M | 2,666 | D | Oct 22, 2017 | Oct 23, 2022 | Common Stock ($0.10 par value) | 2,666 | 5,334 | D |
Explanation of responses
- F1Represents shares sold pursuant to a Rule 10b5-1 sales plan.
- F2Represents restricted stock units granted to Steven S. Sintros on December 14, 2017 under the UniFirst Corporation Amended and Restated 2010 Stock Option and Incentive Plan. Such restricted stock units vest 20% per year on each anniversary of the grant date with the first vesting occurring on the first anniversary of the grant date.