Dorne Eric A. 4
4 · UNITED NATURAL FOODS INC · Filed Oct 8, 2021
Insider Transaction Report
Form 4
Dorne Eric
SVP, Chief Information Officer
Transactions
- Exercise/Conversion
Common Stock
2021-10-06+15,684→ 29,692 total - Tax Payment
Common Stock
2021-10-06$47.64/sh−6,365$303,229→ 23,327 total - Exercise/Conversion
Restricted Stock Unit
2021-10-06−15,684→ 15,684 total→ Common Stock (15,684 underlying) - Sale
Common Stock
2021-10-06$47.23/sh−9,319$440,136→ 14,008 total
Footnotes (5)
- [F1]On October 6, 2021, 15,684 shares of United Natural Foods, Inc. (the "Company") restricted stock units ("RSUs") vested. The Company retained 6,365 shares on that date to satisfy certain tax withholding obligations in connection with the vesting.
- [F2]RSUs convert into common stock on a one-for-one basis. Accordingly, there was no purchase price paid by the reporting person.
- [F3]The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 15, 2021.
- [F4]Each RSU represents the right to receive one share of the Company's common stock upon vesting in accordance with the terms of the reporting person's restricted stock unit agreement.
- [F5]This RSU award was granted on December 19, 2019 and vests in three equal installments beginning on October 6, 2020. This Form 4 reflects the vesting of this RSU on October 6, 2021 as to 2/3 of the original grant amount.