Croatti Michael A 4
4 · UNIFIRST CORP · Filed Nov 30, 2022
Insider Transaction Report
Form 4
Croatti Michael A
Senior VP of Operations
Transactions
- Award
Common Stock
2022-11-28+1,378→ 6,275 total - Award
Stock Appreciation Right
2022-11-28+1,397→ 1,397 totalExercise: $190.53Exp: 2032-11-28→ Common Stock ($0.10 par value) (1,397 underlying)
Holdings
- 810(indirect: By 401(k))
Common Stock
Footnotes (3)
- [F1]Represents restricted stock units granted under the UniFirst Corporation Amended and Restated 2010 Stock Option and Incentive Plan (the "2010 Plan"). Such restricted stock units vest in five equal annual installments on October 31, 2023, October 31, 2024, October 31, 2025, October 31, 2026 and October 31, 2027.
- [F2]Consists of 209 restricted stock units that vest in one remaining annual installment on December 20, 2022, 247 restricted stock units that vest in one remaining annual installment on October 31, 2023, 388 restricted stock units that vest in two remaining equal annual installments on October 31, 2023 and October 31, 2024, 702 restricted stock units that vest in three remaining equal annual installments on October 31, 2023, October 31, 2024 and October 31, 2025, 896 restricted stock units that vest in four remaining equal annual installments on October 31, 2023, October 31, 2024, October 31, 2025 and October 31, 2026, 1,378 restricted stock units that vest in five equal annual installments on October 31, 2023, October 31, 2024, October 31, 2025, October 31, 2026 and October 31, 2027 and 2,455 shares of Common Stock owned by the reporting person.
- [F3]This stock appreciation right, which was granted under the 2010 Plan, becomes vested and exercisable in five equal annual installments on October 31, 2023, October 31, 2024, 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.