Cynthia Croatti - Nov 17, 2021 Form 4 Insider Report for UNIFIRST CORP (UNF)

Role: Executive Vice President, Director, 10%+ Owner
Signature: /s/ Steven S. Sintros, Attorney-in-Fact
Stock symbol: UNF
Transactions as of: Nov 17, 2021
Transactions value $: $0
Form type: 4
Date filed: 11/19/2021, 03:58 PM
Next filing: Dec 14, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	UNF	Common Stock						5.47K	Nov 17, 2021	Direct	F1
holding	UNF	Common Stock						68.5K	Nov 17, 2021	By LLC	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	UNF	Stock Appreciation Right	Award	$0	+1.5K		$0.00	1.5K	Nov 17, 2021	Common Stock ($0.10 par value)	1.5K	$201.07	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Consists of 1,332 restricted stock units that vest 100% on December 20, 2022, 1,551 restricted stock units that vest 100% on October 22, 2023, 1,174 restricted stock units that vest 60% on October 29, 2022, an additional 20% on October 29, 2023 and the remaining 20% on October 29, 2024 and 1,416 restricted stock units that vest 60% on October 26, 2023, an additional 20% on October 26, 2024 and the remaining 20% on October 26, 2025.
F2	Cynthia Croatti is the manager of Trilogy Investment Partners LLC, which as of the date of filing this report, directly owns the reported securities. Cynthia Croatti disclaims beneficial ownership of these reported securities, except to the extent of her pecuniary interest therein, if any, and this report shall not be deemed an admission that she is the beneficial owner of the securities for purposes of Section 16 or any other purpose.
F3	This stock appreciation right is exercisable in full on the grant date (11/17/2021) and is required to be settled in stock at the time of exercise. The grant has an expiration date of the earlier of November 17, 2029 or the second anniversary of the date that the grantee ceases to be a member of the Board of Directors.