STERN JOHN ANDREW 4
4 · UNITED NATURAL FOODS INC · Filed Jan 11, 2011
Insider Transaction Report
Form 4
STERN JOHN ANDREW
SVP, Chief Information Officer
Transactions
- Exercise/Conversion
Common Stock
2011-01-07+1,200→ 6,710 total - Tax Payment
Common Stock
2011-01-07$37.48/sh−491$18,403→ 6,219 total - Exercise/Conversion
Restricted Stock Unit
2011-01-07−1,200→ 1,200 total→ Common Stock (1,200 underlying)
Holdings
- 441(indirect: See footnote)
Common Stock
Footnotes (4)
- [F1]Represents 441 shares of common stock allocated to the reporting person under the United Natural Foods, Inc. Employee Stock Ownership Plan as of January 10, 2011.
- [F2]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.
- [F3]The restricted stock units vest in four equal annual installments on each anniversary of the date of grant, January 7, 2008.
- [F4]On January 7, 2011, 1,200 shares of United Natural Foods, Inc. (the "Company") restricted stock units vested. The Company retained 491 shares on January 7, 2011 to satisfy certain tax withholding obligations in connection with the vesting of such shares.