SEC Form 4 · accession 0001284084-19-000013
UNIFIRST CORP · UNF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael A Croatti
Officer — Senior VP of Operations
Period of report
Jan 29, 2019
Accepted (ET)
Jan 30, 2019 · 5:15 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 Stock | Jan 29, 2019 | M | 2,666 | $102.90 | A | 5,650 | D | |
| Common Stock | Jan 29, 2019 | D | 2,343 | $135.67 | D | 3,307 | D | |
| Common StockF1,F2 | Jan 30, 2019 | S | 323 | $135.10 | D | 2,984 | D | |
| Class B Common Stock | holding | — | — | — | 48,292 | D | ||
| Common Stock | holding | — | — | — | 810 | I | By 401(k) Plan | |
| Class B Common StockF3 | holding | — | — | — | 4,000 | I | By Sons |
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 | $102.90 | Jan 29, 2019 | M | 2,666 | D | Oct 28, 2018 | Oct 28, 2023 | 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.
- F2Consists of 1,044 restricted stock units that vest 100% on December 20, 2022, 1,231 restricted stock units that vest 100% on October 22, 2023 and 709 shares of Common Stock owned by the reporting person.
- F3Represents shares owned by Michael Croatti's children. Michael Croatti disclaims beneficial ownership of these reported securities, except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that he is the beneficial owner of these securities for purposes of Section 16 or any other purpose.