TESTA CHRISTOPHER P. (President, UNFI) exercised options at UNITED NATURAL FOODS INC

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 3 exercises

TESTA CHRISTOPHER P.

Filed: 9/17/2020ACC: 0001020859-20-000057

InsiderTESTA CHRISTOPHER P.CIK 1557425

→

IssuerUNITED NATURAL FOODS INCCIK 1020859

Officer· President, UNFI

Since Sep 2018

+46.99K

Net shares

Net buyer

$143.5K

Total sold

Open market trades

0B · 0S

Total transactions

55.39K acquired · 8.40K disposed

Non-Derivative Transactions6

Common Stock

Direct

M · Option Exercise

+25K

Price / share

—

Trade value

—

% of position

134.6%

9/15/2020

18.57K→43.57K

Common Stock

Direct

F · Tax Withholding

−7.58K

Price / share

$17.08

Trade value

$129.55K

% of position

17.4%

9/15/2020

43.57K→35.99K

Common Stock

Direct

M · Option Exercise

+1.35K

Price / share

—

Trade value

—

% of position

3.8%

9/15/2020

35.99K→37.34K

Common Stock

Direct

F · Tax Withholding

−410.00

Price / share

$17.08

Trade value

$7K

% of position

1.1%

9/15/2020

37.34K→36.93K

Common Stock

Direct

M · Option Exercise

+1.34K

Price / share

—

Trade value

—

% of position

3.6%

9/15/2020

36.93K→38.27K

Common Stock

Direct

F · Tax Withholding

−409.00

Price / share

$17.08

Trade value

$6.99K

% of position

1.1%

9/15/2020

38.27K→37.86K

Total

Net shares

+19.29K

Net value

-$143.54K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	9/15/2020	M · Option Exercise	+25K	—	—	134.6%	18.57K	43.57K
Common Stock Direct	9/15/2020	F · Tax Withholding	−7.58K	$17.08	$129.55K	17.4%	43.57K	35.99K
Common Stock Direct	9/15/2020	M · Option Exercise	+1.35K	—	—	3.8%	35.99K	37.34K
Common Stock Direct	9/15/2020	F · Tax Withholding	−410.00	$17.08	$7K	1.1%	37.34K	36.93K
Common Stock Direct	9/15/2020	M · Option Exercise	+1.34K	—	—	3.6%	36.93K	38.27K
Common Stock Direct	9/15/2020	F · Tax Withholding	−409.00	$17.08	$6.99K	1.1%	38.27K	37.86K
Total			+19.29K		-$143.54K

Derivative Transactions3

Restricted Stock Unit

Direct

M · Option Exercise

Converts to

Common Stock

25K shares

+25K

Strike price

Held after

0.00

Exercisable

—

9/15/2020

Restricted Stock Unit

Direct

M · Option Exercise

Converts to

Common Stock

1.35K shares

+1.35K

Strike price

Held after

0.00

Exercisable

—

9/15/2020

Restricted Stock Unit

Direct

M · Option Exercise

Converts to

Common Stock

1.34K shares

+1.34K

Strike price

Held after

1.34K

Exercisable

—

9/15/2020

Security	Converts To	Date	Type	Shares	Exercisable	Held After
Restricted Stock Unit Direct	Common Stock25K shares	9/15/2020	M · Option Exercise	+25K	—	0.00
Restricted Stock Unit Direct	Common Stock1.35K shares	9/15/2020	M · Option Exercise	+1.35K	—	0.00
Restricted Stock Unit Direct	Common Stock1.34K shares	9/15/2020	M · Option Exercise	+1.34K	—	1.34K