SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
BOYD MEREDITH SUZANNE

(Last) (First) (Middle)
7201 WEST FRIENDLY AVENUE

(Street)
GREENSBORO NC 27410

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
01/22/2024
3. Issuer Name and Ticker or Trading Symbol
UNIFI INC [ UFI ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 34,734(1) D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (Right to Buy) (2) 07/22/2024 Common Stock 2,500 $27.38 D
Employee Stock Option (Right to Buy) (3) 10/26/2026 Common Stock 3,000 $29.09 D
Employee Stock Option (Right to Buy) (4) 10/30/2028 Common Stock 2,000 $23.76 D
Employee Stock Option (Right to Buy) (5) 10/29/2029 Common Stock 3,750 $25.72 D
Employee Stock Option (Right to Buy) (6) 10/28/2030 Common Stock 5,000 $15.91 D
Explanation of Responses:
1. Includes an aggregate of 28,585 restricted stock units, as follows: (i) 732 restricted stock units will vest on October 26, 2024; (ii) 1,039 restricted stock units will vest on November 21, 2024 and 2,078 restricted stock units will vest on November 21, 2025; (iii) 8,812 restricted stock units will vest over a three-year period, with 25% vesting on December 6, 2024, 25% vesting on November 6, 2025, and 50% vesting on November 6, 2026; and (iv) 15,924 restricted stock units will vest over a three-year period, with 25% vesting on January 18, 2025, 25% vesting on December 19, 2025, and 50% vesting on December 19, 2026. Each restricted stock unit represents a right to receive one share of the issuer's common stock.
2. The option became exercisable as to 833 shares on July 22, 2015, 833 shares on July 22, 2016, and 834 shares on July 22, 2017.
3. The option became exercisable as to 1,000 shares on October 26, 2017, 1,000 shares on October 26, 2018, and 1,000 shares on October 26, 2019.
4. The option became exercisable as to 500 shares on October 30, 2019, 500 shares on October 30, 2020, and 1,000 shares on October 30, 2021.
5. The option became exercisable as to 938 shares on October 29, 2020, 937 shares on October 29, 2021, and 1,875 shares on October 29, 2022.
6. The option became exercisable as to 1,250 shares on October 28, 2021, 1,250 shares on October 28, 2022, and 2,500 shares on October 28, 2023.
Remarks:
Exhibit List: Exhibit 24 - Power of Attorney
/s/ GREGORY K. SIGMON, attorney-in-fact 02/01/2024
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.