Gregory K. Sigmon - Jul 4, 2022 Form 3 Insider Report for UNIFI INC (UFI)

Role
SVP, General Counsel
Signature
/s/ GREGORY K. SIGMON
Stock symbol
UFI
Transactions as of
Jul 4, 2022
Transactions value $
$0
Form type
3
Date filed
7/5/2022, 04:05 PM
Next filing
Aug 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding UFI Common Stock 3.69K Jul 4, 2022 Direct F1

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
holding UFI Employee Stock Option (Right to Buy) Jul 4, 2022 Common Stock 3.34K $15.91 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes an aggregate of 2,038 restricted stock units, as follows: (i) 354 restricted stock units will vest on October 28, 2022 and 708 restricted stock units will vest on October 28, 2023 and (ii) 976 restricted stock units will vest over a three-year period, with 25% vesting on November 25, 2022, 25% vesting on October 26, 2023, and 50% vesting on October 26, 2024. Each restricted stock unit represents a right to receive one share of the issuer's common stock.
F2 The option became exercisable as to 834 shares on October 28, 2021 and becomes exercisable as to 834 shares on October 28, 2022 and 1,668 shares on October 28, 2023.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney