SEC Form 4 · accession 0001284084-18-000062
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
Oct 22, 2018
Accepted (ET)
Oct 23, 2018 · 4:06 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 StockF1 | Oct 22, 2018 | A | 1,512 | $0.00 | A | 4,535 | D | |
| Common StockF2,F3 | Oct 22, 2018 | F | 225 | $152.38 | D | 4,310 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents restricted stock units that were earned based on the achievement of certain performance criteria. 504 of such earned restricted stock units vested on October 22, 2018, and the remainder of such restricted stock units will vest in two equal annual installments on October 22, 2019 and October 22, 2020.
- F2Represents shares of Common Stock withheld by UniFirst Corporation to satisfy certain tax withholding obligations in connection with the vesting of certain restricted stock units that were earned by Mr. Sintros.
- F3Includes 279 shares of unrestricted common stock. Also includes 1,008 restricted stock units that will vest in two equal annual installments on October 22, 2019 and October 22, 2020. In addition, includes 3,023 restricted stock units that will vest 20% per year on each anniversary of the grant date with the first vesting occurring on December 14, 2018.