4//SEC Filing
Sintros Steven S 4
Accession 0001209191-23-054184
CIK 0000717954other
Filed
Nov 1, 8:00 PM ET
Accepted
Nov 2, 5:06 PM ET
Size
10.4 KB
Accession
0001209191-23-054184
Insider Transaction Report
Form 4
Sintros Steven S
Chief Financial Officer
Transactions
- Award
Common Stock
2023-10-31+4,562→ 28,427 total - Award
Stock Appreciation Right
2023-10-31+6,179→ 6,179 totalExercise: $164.43Exp: 2033-10-31→ Common Stock ($0.10 par value) (6,179 underlying) - Tax Payment
Common Stock
2023-10-31$164.43/sh−650$106,880→ 27,777 total
Footnotes (4)
- [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, 2024, October 31, 2025, October 31, 2026, October 31, 2027 and October 31, 2028.
- [F2]Represents shares of Common Stock withheld by UniFirst Corporation to satisfy certain tax withholding obligations in connection with the vesting of certain restricted stock units.
- [F3]Consists of (i) 14,340 shares of Common Stock owned by the reporting person, (ii) 856 restricted stock units that will vest in one remaining annual installment on November 27, 2023,(iii) 696 restricted stock units that will vest in one remaining annual installment on October 29, 2024, (iv) 1,934 restricted stock units that will vest in three remaining equal annual installments on November 19, 2023, November 19, 2024 and November 19, 2025, (v) 2,239 restricted stock units that vest in three remaining equal annual installments on October 31, 2024, October 31, 2025 and October 31, 2026, (vi) 3,150 restricted stock units that vest in four remaining equal annual installments on October 31, 2024, October 31, 2025, October 31, 2026 and October 31, 2027 and (vii) 4,562 restricted stock units that vest in five equal annual installments on October 31, 2024, October 31, 2025, October 31, 2026, October 31, 2027 and October 31, 2028.
- [F4]This stock appreciation right, which was granted under the 2010 Plan, becomes vested and exercisable in five equal annual installments on October 31, 2024, October 31, 2025, October 31, 2026, October 31, 2027 and October 31, 2028. This stock appreciation right is required to be settled in stock at the time of exercise.
Documents
Issuer
UNIFIRST CORP
CIK 0000717954
Entity typeother
Related Parties
1- filerCIK 0001453910
Filing Metadata
- Form type
- 4
- Filed
- Nov 1, 8:00 PM ET
- Accepted
- Nov 2, 5:06 PM ET
- Size
- 10.4 KB