CROATTI CYNTHIA (Executive VP and Treasurer) sold 23.0% of their position (1.21K shares) of UNIFIRST CORP on the open market

Open‑market sale worth $226.3K — a significant reduction. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 2 sales

CROATTI CYNTHIA

Filed: 9/30/2020ACC: 0001209191-20-052425

InsiderCROATTI CYNTHIACIK 1260756

→

IssuerUNIFIRST CORPCIK 717954

DirectorOfficer10% Owner· Executive VP and Treasurer

Since Oct 2018

-4K

Net shares

Net seller

$748.7K

Total sold

Open market trades

0B · 2S

Total transactions

4K acquired · 8K disposed

Non-Derivative Transactions4

Common Stock

Direct

M · Option Exercise

+4K

Price / share

$106.99

Trade value

$427.96K

% of position

98.6%

9/28/2020

4.06K→8.06K

Common Stock

Direct

D · Disposition

−2.79K

Price / share

$187.16

Trade value

$522.37K

% of position

34.6%

9/28/2020

8.06K→5.27K

Common Stock

Direct

S · Sale

−1.20K

Price / share

$187.16

Trade value

$224.60K

% of position

22.8%

9/28/2020

5.27K→4.07K

Common Stock

Direct

S · Sale

−9.00

Price / share

$191.35

Trade value

$1.72K

% of position

0.2%

9/30/2020

4.07K→4.06K

Total

Net shares

+0.00

Net value

-$320.73K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	9/28/2020	M · Option Exercise	+4K	$106.99	$427.96K	98.6%	4.06K	8.06K
Common Stock Direct	9/28/2020	D · Disposition	−2.79K	$187.16	$522.37K	34.6%	8.06K	5.27K
Common Stock Direct	9/28/2020	S · Sale	−1.20K	$187.16	$224.60K	22.8%	5.27K	4.07K
Common Stock Direct	9/30/2020	S · Sale	−9.00	$191.35	$1.72K	0.2%	4.07K	4.06K
Total			+0.00		-$320.73K

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

—

9/28/2020

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Stock Appreciation Right Direct	Common stock ($0.10 par value)4K shares	9/28/2020	M · Option Exercise	−4K	106.99	—	4K

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