SEC Form 4 · accession 0001284084-18-000072
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
Nov 27, 2018
Accepted (ET)
Nov 29, 2018 · 2:42 pm EST
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,F2 | Nov 27, 2018 | A | 4,276 | $0.00 | A | 8,586 | 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 RightF3 | $146.17 | Nov 27, 2018 | A | 7,538 | A | — | Nov 27, 2028 | Common Stock ($0.10 par value) | 7,538 | 7,538 | D |
Explanation of responses
- F1Represents restricted stock units granted to Steven S. Sintros 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.
- F2Includes 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 and the 4,276 restricted stock units described in footnote 1 above.
- F3This Stock Appreciation Right becomes vested and exercisable 20% per year on each anniversary of the grant date with the first vesting occurring on the first anniversary of the grant date.