| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | UNF | Common Stock | Conversion of derivative security | +17K | +1093.95% | 18.6K | Feb 18, 2022 | Direct | F1, F2 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | UNF | Class B Common Stock | Conversion of derivative security | $0 | -17K | -24.29% | $0.00 | 53K | Feb 18, 2022 | Common Stock ($0.10 par value) | 17K | Direct | F1 | |
| holding | UNF | Class B Common Stock | 7K | Feb 18, 2022 | Common Stock ($0.10 par value) | 7K | By Trust | F1, F3, F4 | ||||||
| holding | UNF | Class B Common Stock | 7K | Feb 18, 2022 | Common Stock ($0.10 par value) | 7K | By Trust | F1, F3, F4 | ||||||
| holding | UNF | Class B Common Stock | 1.69M | Feb 18, 2022 | Common Stock ($0.10 par value) | 1.69M | By Partnership | F1, F4, F5, F6 | ||||||
| holding | UNF | Class B Common Stock | 1.04M | Feb 18, 2022 | Common Stock ($0.10 par value) | 1.04M | By Trust | F1, F7 |
| Id | Content |
|---|---|
| F1 | Each share of Class B Common Stock is convertible at any time by the holder into one share of Common Stock. Each share of Class B Common Stock automatically converts into one share of Common Stock upon transfer to a recipient that is not a permitted transferee or upon termination of the Class B Common Stock, in each case in accordance with the terms of the charter of UniFirst Corporation. |
| F2 | Consists of 198 restricted stock units that vest in two remaining equal annual installments on October 31, 2022 and October 31, 2023, 233 restricted stock units that vest in three remaining equal annual installments on October 31, 2022, October 31, 2023 and October 31, 2024, 375 restricted stock units that vest in four remaining equal annual installments on October 31, 2022, October 31, 2023, October 31, 2024 and October 31, 2025, 467 restricted stock units that vest in five equal annual installments on October 31, 2022, October 31, 2023, October 31, 2024, October 31, 2025 and October 31, 2026 and 17,281 shares of Common Stock owned by the reporting person. |
| F3 | Represents shares owned directly by a trust of which Matthew Croatti is the trustee and his child is the beneficiary. |
| F4 | Each of the aforementioned reporting persons disclaims beneficial ownership of these reported securities, except to the extent of his, her or its pecuniary interest therein, if any, and this report shall not be deemed an admission that such persons are the beneficial owners of these securities for purposes of Section 16 or any other purpose. |
| F5 | Includes 672,775 shares owned directly by The Queue Limited Partnership and 199 shares owned directly by Queue Management Associates, Inc. Queue Management Associates, Inc. is the general partner of The Queue Limited Partnership. The Ronald D. Croatti Trust 1993 (of which Carol Croatti and Matthew Croatti are the trustees and Carol Croatti is the beneficiary), Cynthia Croatti and Cecilia Levenstein are the sole shareholders of Queue Management Associates, Inc., and Carol Croatti, Cynthia Croatti and Cecelia Levenstein are the directors of Queue Management Associates, Inc. |
| F6 | Includes 1,015,717 shares owned directly by The Red Cat Limited Partnership and 3 shares owned directly by Red Cat Management Associates, Inc. Red Cat Management Associates, Inc. is the general partner of The Red Cat Limited Partnership. The Ronald D. Croatti Trust - 1993 and Cynthia Croatti are the sole shareholders of Red Cat Management Associates, Inc. and Carol Croatti and Cynthia Croatti are the directors of Red Cat Management Associates, Inc. Cynthia Croatti and Cecelia Levenstein are trustees, co-trustees and in the case of Cynthia Croatti a beneficiary of certain trusts which hold limited partnership interests in The Red Cat Limited Partnership. Ronald D. Croatti's children are beneficiaries of a trust which holds a limited partnership interest in The Red Cat Limited Partnership. Certain of the trusts which hold limited partnership interests in The Red Cat Limited Partnership also own certain shares directly. |
| F7 | Represents shares owned directly by The Ronald D. Croatti Trust - 1993, of which Carol Croatti and Matthew Croatti are the trustees and Carol Croatti is the beneficiary. |