4//SEC Filing
Sintros Steven S 4
Accession 0000950170-24-130129
CIK 0000717954other
Filed
Nov 21, 7:00 PM ET
Accepted
Nov 22, 3:05 PM ET
Size
18.5 KB
Accession
0000950170-24-130129
Insider Transaction Report
Form 4
Sintros Steven S
Chief Financial Officer
Transactions
- Sale
Common Stock
2024-11-19$193.52/sh−1,322$255,833→ 22,685 total - Award
Stock Appreciation Right
2024-11-19+6,807→ 6,807 totalExercise: $192.83Exp: 2034-11-19→ Common Stock ($0.10 par value) (6,807 underlying) - Tax Payment
Common Stock
2024-11-19$192.83/sh−273$52,643→ 22,298 total - Tax Payment
Common Stock
2024-11-19$192.83/sh−1,487$286,738→ 24,232 total - Award
Common Stock
2024-11-19+4,668→ 28,900 total - Award
Common Stock
2024-11-19+3,421→ 25,719 total - Sale
Common Stock
2024-11-19$192.60/sh−1,771$341,095→ 24,007 total - Sale
Common Stock
2024-11-19$194.39/sh−114$22,160→ 22,571 total
Footnotes (9)
- [F1]Represents shares sold pursuant to a trading plan intended to comply with Rule 10b5-1(c) and adopted on August 16, 2024.
- [F2]The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $192.06 to $192.95, inclusive. The reporting person undertakes to provide to UniFirst Corporation, any security holder of UniFirst Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.
- [F3]The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $193.10 to $194.00, inclusive. The reporting person undertakes to provide to UniFirst Corporation, any security holder of UniFirst Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.
- [F4]The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $194.31 to $194.50, inclusive. The reporting person undertakes to provide to UniFirst Corporation, any security holder of UniFirst Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.
- [F5]Represents shares of Common Stock withheld by UniFirst Corporation to satisfy certain tax withholding obligations in connection with the vesting of certain restricted stock units.
- [F6]Represents restricted stock units that were earned based on the achievement of certain performance criteria and which vested.
- [F7]Represents restricted stock units granted under the UniFirst Corporation 2023 Stock Option and Incentive Plan (the "2023 Plan"). Such restricted stock units vest in three equal annual installments on October 31, 2025, October 31, 2026 and October 31, 2027.
- [F8]Consists of (i) 16,081 shares of Common Stock owned by the reporting person, (iii) 645 restricted stock units that will vest in one remaining annual installment on November 19, 2025, (iv) 1,493 restricted stock units that vest in two remaining equal annual installments on October 31, 2025 and October 31, 2026, (v) 2,363 restricted stock units that vest in three remaining equal annual installments on October 31, 2025, October 31, 2026 and October 31, 2027, (vi) 3,650 restricted stock units that vest in four equal annual installments on October 31, 2025, October 31, 2026, October 31, 2027 and October 31, 2028 and (vii) 4,668 restricted stock units that vest in three equal annual installments on October 31, 2025, October 31, 2026 and October 31, 2027
- [F9]This stock appreciation right, which was granted under the 2023 Plan, becomes vested and exercisable in three equal annual installments on October 31, 2025, October 31, 2026 and October 31, 2027. This stock appreciation right is required to be settled in stock at the time of exercise.
Documents
Issuer
UNIFIRST CORP
CIK 0000717954
Entity typeother
Related Parties
1- filerCIK 0001453910
Filing Metadata
- Form type
- 4
- Filed
- Nov 21, 7:00 PM ET
- Accepted
- Nov 22, 3:05 PM ET
- Size
- 18.5 KB