TESTA CHRISTOPHER P. 4
4 · UNITED NATURAL FOODS INC · Filed Sep 27, 2022
Insider Transaction Report
Form 4
TESTA CHRISTOPHER P.
President, Blue Marble Brands
Transactions
- Exercise/Conversion
Common Stock
2022-09-25+3,645→ 119,278 total - Tax Payment
Common Stock
2022-09-25$38.94/sh−1,101$42,873→ 118,177 total - Exercise/Conversion
Restricted Stock Unit
2022-09-25−3,645→ 0 total→ Common Stock (3,645 underlying)
Footnotes (5)
- [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 63,163 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.