Dorne Eric A. 4
4 · UNITED NATURAL FOODS INC · Filed Sep 27, 2022
Insider Transaction Report
Form 4
Dorne Eric
SVP, Chief Information Officer
Transactions
- Exercise/Conversion
Restricted Stock Unit
2022-09-25−1,059→ 0 total→ Common Stock (1,059 underlying) - Exercise/Conversion
Common Stock
2022-09-25+2,582→ 76,616 total - Exercise/Conversion
Common Stock
2022-09-25+1,059→ 76,956 total - Tax Payment
Common Stock
2022-09-25$38.94/sh−719$27,998→ 75,897 total - Tax Payment
Common Stock
2022-09-25$38.94/sh−295$11,487→ 76,661 total - Exercise/Conversion
Restricted Stock Unit
2022-09-25−2,582→ 0 total→ Common Stock (2,582 underlying)
Footnotes (6)
- [F1]Restricted stock units ("RSUs") convert into common stock on a one-for-one basis. Accordingly, there was no purchase price paid by the reporting person.
- [F2]United Natural Foods, Inc. (the "Company") revised its method of reporting RSUs to report such grants in Table I rather than as previously reported in Table II. Accordingly, amount includes 60,026 unvested RSUs previously reported in Table II.
- [F3]Shares retained by the Company for the payment of withholding taxes in connection with the vesting.
- [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 September 25, 2018 and vests in four equal annual installments beginning on the first anniversary of the date of grant. This Form 4 reflects the vesting of this RSU on September 25, 2022 as to 100% of the original grant amount.
- [F6]This RSU award was granted on December 11, 2018 and vests in four equal annual installments beginning on September 25, 2019. This Form 4 reflects the vesting of this RSU on September 25, 2022 as to 100% of the original grant amount.