Luttecke Kurt 4
4 · UNITED NATURAL FOODS INC · Filed Sep 20, 2011
Insider Transaction Report
Form 4
Luttecke Kurt
President, Western Region
Transactions
- Exercise/Conversion
Common Stock
2011-09-16+900→ 900 total - Tax Payment
Common Stock
2011-09-16$39.44/sh−280$11,043→ 620 total - Sale
Common Stock
2011-09-16$39.44/sh−10,681$421,237→ 0 total - Exercise/Conversion
Restricted Stock Unit
2011-09-16−900→ 900 total→ Common Stock (900 underlying)
Holdings
- 631(indirect: See footnote)
Common Stock
Footnotes (5)
- [F1]The transaction price listed is a weighted average. Actual sale prices for these dispositions ranged from $39.42 to $39.46.
- [F2]On September 16, 2011, 900 shares of United Natural Foods, Inc. (the "Company")restricted stock units vested. The Company retained 280 shares on September 16, 2011 to satisfy certain tax withholding obligations in connection with the vesting of such shares.
- [F3]Includes 561 shares of common stock allocated to the reporting person under the United Natural Foods, Inc. Employee Stock Ownership Plan and 70 shares of common stock allocated to the reporting person under the United Natural Foods, Inc. 401(k) Plan's UNFI Stock Fund as of September 19, 2011.
- [F4]Each restricted stock unit represents the right to receive one share of United Natural Foods, Inc. common stock upon vesting in accordance with the terms of the reporting person's restricted stock unit agreement.
- [F5]The restricted stock units vest in four equal annual installments beginning on the first anniversary of the date of grant.