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Filing Details

Accession Number:
Form Type:
Zero Holdings:
Publication Time:
2017-09-27 18:45:46
Reporting Period:
Accepted Time:
2017-09-27 18:45:46
SEC Url:
Form 4 Filing
Cik Name Symbol Sector (SIC) IRS No
1020859 United Natural Foods Inc UNFI Wholesale-Groceries, General Line (5141) 050376157
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1653006 Paul Michael Zechmeister C/o United Natural Foods, Inc.
313 Iron Horse Way
Providence RI 02908
Chief Financial Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2017-09-25 11,500 $44.06 1,997 No 4 S Direct
Common Stock Acquisiton 2017-09-26 5,015 $0.00 7,012 No 4 A Direct
Common Stock Disposition 2017-09-26 1,672 $44.39 5,340 No 4 F Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 A Direct
No 4 F Direct
  1. The transaction price listed is a weighted average. Actual sale prices for these dispositions ranged from $44.00 to $44.26. The reporting person undertakes to provide United Natural Foods, Inc., any security holder of United Natural Foods, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
  2. On September 21, 2016, the reporting person was granted 4,990 performance units eligible to vest at target levels of performance (with vesting of more or less shares possible based on actual performance) based on the extent to which certain EPS, Adjusted EBITDA, Adjusted ROIC and total shareholder return performance targets were met for fiscal 2017. Based upon the performance of United Natural Foods, Inc. (the "Company") against the applicable performance targets, 5,015 performance units subject to such criteria vested on September 26, 2017, resulting in the issuance of 5,015 shares of the Company's common stock to the reporting person.
  3. Performance stock units were settled in shares of common stock on a one-for-one basis. Accordingly, there was no purchase price paid by the reporting person.
  4. As described in footnote 2, on September 26, 2017, the reporting person became entitled to receive 5,015 shares of the Company's common stock. The Company retained 1,672 shares on that date to satisfy certain tax withholding obligations in connection with the vesting.