Katz David Martin 4
4 · UNIFIRST CORP · Filed Nov 22, 2024
Insider Transaction Report
Form 4
Katz David Martin
Executive VP, Sales/Marketing
Transactions
- Exercise/Conversion
Common Stock
2024-11-19+2,667→ 8,292 total - Tax Payment
Common Stock
2024-11-19$192.67/sh−2,080$400,754→ 6,212 total - Sale
Common Stock
2024-11-19$193.08/sh−587$113,338→ 5,625 total - Tax Payment
Common Stock
2024-11-19$192.83/sh−328$63,248→ 7,754 total - Award
Common Stock
2024-11-19+1,686→ 7,311 total - Award
Common Stock
2024-11-19+771→ 8,082 total - Exercise/Conversion
Stock Appreciation Right
2024-11-19−2,667→ 0 totalExercise: $119.00From: 2021-10-24Exp: 2026-10-24→ Common Stock ($0.10 par value) (2,667 underlying) - Award
Stock Appreciation Right
2024-11-19+2,459→ 2,459 totalExercise: $192.83Exp: 2034-11-19→ Common Stock ($0.10 par value) (2,459 underlying)
Footnotes (5)
- [F1]Represents shares sold pursuant to a trading plan intended to comply with Rule 10b5-1(c) and adopted on July 15, 2024.
- [F2]Represents restricted stock units that were earned based on the achievement of certain performance criteria and which vested.
- [F3]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.
- [F4]Consists of 234 restricted stock units that vest in one remaining equal annual installment on October 31, 2025, 598 restricted stock units that vest in two remaining equal annual installments on October 31, 2025 and October 31, 2026, 1,064 restricted stock units that vest in three remaining equal annual installments on October 31, 2025, October 31, 2026 and October 31, 2027, 1,643 restricted stock units that vest in four equal annual installments on October 31, 2025, October 31, 2026, October 31, 2027 and October 31, 2028, 1,686 restricted stock units that vest in three equal annual installments on October 31, 2025, October 31, 2026 and October 31, 2027 and 2,529 shares of Common Stock owned by the reporting person.
- [F5]This stock appreciation right, which was granted under the 2023 Plan, becomes vested and exercisable in three equal annual installments on 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.