0001020859-20-000055.txt : 20200917
0001020859-20-000055.hdr.sgml : 20200917
20200917174000
ACCESSION NUMBER: 0001020859-20-000055
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200915
FILED AS OF DATE: 20200917
DATE AS OF CHANGE: 20200917
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: SPINNER STEVEN
CENTRAL INDEX KEY: 0001207897
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-15723
FILM NUMBER: 201182037
MAIL ADDRESS:
STREET 1: C/O UNITED NATURAL FOODS, INC.
STREET 2: 260 LAKE ROAD
CITY: DAYVILLE
STATE: CT
ZIP: 06241
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: 0801
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_160037878131447.xml
FORM 4
X0306
4
2020-09-15
0
0001020859
UNITED NATURAL FOODS INC
UNFI
0001207897
SPINNER STEVEN
C/O UNITED NATURAL FOODS, INC.
313 IRON HORSE WAY
PROVIDENCE
RI
02908
1
1
0
0
CEO & Chairman
Common Stock
2020-09-15
4
M
0
4620
0
A
201351
D
Common Stock
2020-09-15
4
F
0
2033
17.08
D
199318
D
Common Stock
2020-09-15
4
M
0
5030
0
A
204348
D
Common Stock
2020-09-15
4
F
0
2213
17.08
D
202135
D
Restricted Stock Unit
2020-09-15
4
M
0
4620
0
A
Common Stock
4620.0
0
D
Restricted Stock Unit
2020-09-15
4
M
0
5030
0
A
Common Stock
5030.0
5030
D
On September 15, 2020, 4,620 United Natural Foods, Inc. (the "Company") restricted stock units ("RSUs") vested. The Company retained 2,033 shares on that date to satisfy certain tax withholding obligations in connection with the vesting.
Pursuant to the Company's Equity Grant and Settlement Policy, vested shares will not be delivered to the reporting person until the Company's trading window opens.
RSUs convert into common stock on a one-for-one basis. Accordingly, there was no purchase price paid by the reporting person.
On September 15, 2020, 5,030 RSUs vested. The Company retained 2,213 shares on that date to satisfy certain tax withholding obligations in connection with the vesting.
Each RSU represents the right to receive one share of the Company's common stock upon vesting in accordance with the terms of the reporting person's restricted stock unit agreement.
This RSU award was granted on September 15, 2016 and vests in four equal annual installments beginning on the first anniversary of the date of grant. This Form 4 reflects the vesting of this RSU on September 15, 2020 as to 100% of the original grant amount.
This RSU award was granted on September 15, 2017 and vests as follows: sixty percent (60%) on the first anniversary of the grant date and an additional thirteen and 33/100 percent (13.33%) on each succeeding anniversary of the grant date so as to be expired with regard to all restricted stock units on the fourth anniversary of the grant date.
Effective August 31, 2020, the issuer liquidated the United Natural Foods, Inc. 401(k) Plan's UNFI Stock Fund. Accordingly, the reporting person no longer holds shares through his 401k.
/s/ Jill E. Sutton, Power-of-Attorney, in fact
2020-09-17