CROATTI CYNTHIA (Executive VP and Treasurer) sold 18.7% of their position (935.00 shares) of UNIFIRST CORP on the open market

Open‑market sale worth $173.7K — a significant reduction. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 1 sale

CROATTI CYNTHIA

Filed: 3/3/2020ACC: 0001209191-20-015176

InsiderCROATTI CYNTHIACIK 1260756

→

IssuerUNIFIRST CORPCIK 717954

DirectorOfficer10% Owner· Executive VP and Treasurer

Since Oct 2018

-4K

Net shares

Net seller

$743.2K

Total sold

Open market trades

0B · 1S

Total transactions

4K acquired · 8K disposed

Non-Derivative Transactions3

Common stock

Direct

M · Option Exercise

+4K

Price / share

$106.99

Trade value

$427.96K

% of position

98.6%

3/2/2020

4.06K→8.06K

Common stock

Direct

D · Disposition

−3.06K

Price / share

$185.81

Trade value

$569.51K

% of position

38.0%

3/2/2020

8.06K→4.99K

Common stock

Direct

S · Sale

−935.00

Price / share

$185.82

Trade value

$173.74K

% of position

18.7%

3/2/2020

4.99K→4.06K

Total

Net shares

+0.00

Net value

-$315.29K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common stock Direct	3/2/2020	M · Option Exercise	+4K	$106.99	$427.96K	98.6%	4.06K	8.06K
Common stock Direct	3/2/2020	D · Disposition	−3.06K	$185.81	$569.51K	38.0%	8.06K	4.99K
Common stock Direct	3/2/2020	S · Sale	−935.00	$185.82	$173.74K	18.7%	4.99K	4.06K
Total			+0.00		-$315.29K

Derivative Transactions1

Stock Appreciation Right

Direct

M · Option Exercise

Converts to

Common stock ($0.10 par value)

4K shares

−4K

Strike price

106.99

Held after

Exercisable

—

3/2/2020

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Stock Appreciation Right Direct	Common stock ($0.10 par value)4K shares	3/2/2020	M · Option Exercise	−4K	106.99	—	8K

Non-Derivative Holdings (Post-Transaction)1

Common stock

Indirect

Shares owned68.53K

Total

68.53K indirect68.53K

Security Title	Shares Owned	Ownership Type
Common stock	68.53K	Indirect
Total	68.53K	68.53K indirect

Derivative Holdings (Post-Transaction)2

Class B Common Stock

Indirect

Underlying security

Common Stock ($0.10 par value)

Underlying shares

146.78K

Shares owned

146.78K

Exercise price

Expiration

—

Exercise window

—

Class B Common Stock

Indirect

Underlying security

Common Stock ($0.10 par value)

Underlying shares

1.69M

Shares owned

1.69M

Exercise price

Expiration

—

Exercise window

—

Total

Underlying

1.84M

Owned

1.84M

Security	Underlying	Exercise Window	Expiration	Underlying Shares	Shares Owned
Class B Common Stock Indirect	Common Stock ($0.10 par value)	—	—	146.78K	146.78K
Class B Common Stock Indirect	Common Stock ($0.10 par value)	—	—	1.69M	1.69M
Total				1.84M	1.84M