0001020859-17-000122.txt : 20170927
0001020859-17-000122.hdr.sgml : 20170927
20170927184546
ACCESSION NUMBER: 0001020859-17-000122
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170925
FILED AS OF DATE: 20170927
DATE AS OF CHANGE: 20170927
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Zechmeister Michael Paul
CENTRAL INDEX KEY: 0001653006
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-15723
FILM NUMBER: 171105253
MAIL ADDRESS:
STREET 1: C/O UNITED NATURAL FOODS, INC.
STREET 2: 313 IRON HORSE WAY
CITY: PROVIDENCE
STATE: RI
ZIP: 02908
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: UNITED NATURAL FOODS INC
CENTRAL INDEX KEY: 0001020859
STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-GROCERIES & GENERAL LINE [5141]
IRS NUMBER: 050376157
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0730
BUSINESS ADDRESS:
STREET 1: 313 IRON HORSE WAY
CITY: PROVIDENCE
STATE: RI
ZIP: 02908
BUSINESS PHONE: 401-528-8634
MAIL ADDRESS:
STREET 1: 313 IRON HORSE WAY
CITY: PROVIDENCE
STATE: RI
ZIP: 02908
4
1
wf-form4_150655233221467.xml
FORM 4
X0306
4
2017-09-25
0
0001020859
UNITED NATURAL FOODS INC
UNFI
0001653006
Zechmeister Michael Paul
C/O UNITED NATURAL FOODS, INC.
313 IRON HORSE WAY
PROVIDENCE
RI
02908
0
1
0
0
Chief Financial Officer
Common Stock
2017-09-25
4
S
0
11500
44.06
D
1997
D
Common Stock
2017-09-26
4
A
0
5015
0
A
7012
D
Common Stock
2017-09-26
4
F
0
1672
44.39
D
5340
D
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.
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.
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.
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.
Joseph McGrail, Power-of-Attorney, in fact
2017-09-27