0000950170-24-130129.txt : 20241122 0000950170-24-130129.hdr.sgml : 20241122 20241122150555 ACCESSION NUMBER: 0000950170-24-130129 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20241119 FILED AS OF DATE: 20241122 DATE AS OF CHANGE: 20241122 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Sintros Steven S CENTRAL INDEX KEY: 0001453910 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-08504 FILM NUMBER: 241489192 MAIL ADDRESS: STREET 1: 68 JONSPIN RD. CITY: WILMINGTON STATE: MA ZIP: 01888 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: UNIFIRST CORP CENTRAL INDEX KEY: 0000717954 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PERSONAL SERVICES [7200] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 042103460 STATE OF INCORPORATION: MA FISCAL YEAR END: 0829 BUSINESS ADDRESS: STREET 1: 68 JONSPIN RD CITY: WILMINGTON STATE: MA ZIP: 01887 BUSINESS PHONE: (978) 658-8888 MAIL ADDRESS: STREET 1: 68 JONSPIN ROAD CITY: WILMINGTON STATE: MA ZIP: 01887 FORMER COMPANY: FORMER CONFORMED NAME: INTERSTATE UNIFORM SERVICES CORP/MA DATE OF NAME CHANGE: 19840410 4 1 ownership.xml 4 X0508 4 2024-11-19 0000717954 UNIFIRST CORP UNF 0001453910 Sintros Steven S C/O UNIFIRST CORP 68 JONSPIN ROAD WILMINGTON MA 01887 true true false false President and CEO true Common Stock 2024-11-19 4 S false 1771 192.6 D 24007 D Common Stock 2024-11-19 4 S false 1322 193.52 D 22685 D Common Stock 2024-11-19 4 S false 114 194.39 D 22571 D Common Stock 2024-11-19 4 F false 273 192.83 D 22298 D Common Stock 2024-11-19 4 A false 3421 0 A 25719 D Common Stock 2024-11-19 4 F false 1487 192.83 D 24232 D Common Stock 2024-11-19 4 A false 4668 0 A 28900 D Stock Appreciation Right 192.83 2024-11-19 4 A false 6807 0 A 2034-11-19 Common Stock ($0.10 par value) 6807 6807 D Represents shares sold pursuant to a trading plan intended to comply with Rule 10b5-1(c) and adopted on August 16, 2024. The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $192.06 to $192.95, inclusive. The reporting person undertakes to provide to UniFirst Corporation, any security holder of UniFirst Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range. The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $193.10 to $194.00, inclusive. The reporting person undertakes to provide to UniFirst Corporation, any security holder of UniFirst Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range. The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $194.31 to $194.50, inclusive. The reporting person undertakes to provide to UniFirst Corporation, any security holder of UniFirst Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range. Represents shares of Common Stock withheld by UniFirst Corporation to satisfy certain tax withholding obligations in connection with the vesting of certain restricted stock units. Represents restricted stock units that were earned based on the achievement of certain performance criteria and which vested. Represents restricted stock units granted under the UniFirst Corporation 2023 Stock Option and Incentive Plan (the "2023 Plan"). Such restricted stock units vest in three equal annual installments on October 31, 2025, October 31, 2026 and October 31, 2027. Consists of (i) 16,081 shares of Common Stock owned by the reporting person, (iii) 645 restricted stock units that will vest in one remaining annual installment on November 19, 2025, (iv) 1,493 restricted stock units that vest in two remaining equal annual installments on October 31, 2025 and October 31, 2026, (v) 2,363 restricted stock units that vest in three remaining equal annual installments on October 31, 2025, October 31, 2026 and October 31, 2027, (vi) 3,650 restricted stock units that vest in four equal annual installments on October 31, 2025, October 31, 2026, October 31, 2027 and October 31, 2028 and (vii) 4,668 restricted stock units that vest in three equal annual installments on October 31, 2025, October 31, 2026 and October 31, 2027 This stock appreciation right, which was granted under the 2023 Plan, becomes vested and exercisable in three equal annual installments on October 31, 2025, October 31, 2026 and October 31, 2027. This stock appreciation right is required to be settled in stock at the time of exercise. /s/ Andrea Ballute, Attorney-in-Fact 2024-11-22